Economy & Markets
The important economic and stock market news that advisors need to know.
Pandemic Weighs on 2021 Growth Forecasts: Natixis
By Michael S. FischerA Natixis survey finds just 21% of institutional investors expect a full economic recovery before 2022.
December 11, 2020
11 Findings on How Millions of Americans Actually Invest: VanguardVanguard analyzed detailed data on the portfolio construction and trading behavior of some 5 million households.
December 11, 2020
How Did Advisor Portfolios Perform After COVID-19 Hit? Very Well, Says InvescoThe firm's study of several hundred portfolios found that many advisors shifted allocations to investments that outperformed.
December 10, 2020
SIFMA Looks Ahead at Markets, Regulation for 2021U.S. capital markets thrived this year despite the pandemic, which also accelerated trends that could continue in 2021.
December 10, 2020
State Street Ending No-Layoff Pledge in 2021Its pledge not to cut jobs because of the pandemic "will go away" next year, says CEO Ron O'Hanley.
December 10, 2020
Fitch: Ultralow Interest Rates Will Outlast PandemicThat's a negative for financial institutions, the ratings agency says.
December 09, 2020
Bitwise Launches First Cryptocurrency Index FundThe Bitwise 10 Crypto Index Fund (BITW) is an open-ended publicly traded statutory trust that trades over the counter.
December 09, 2020
Jeffrey Gundlach on Biden, Markets and Leaving CaliforniaIn a Q&A session, the straight-talking DoubleLine Capital CEO weighed in on the Biden administration, markets and whether he's really leaving California.