Economy & Markets
The important economic and stock market news that advisors need to know.
Merrill Ends Advisor Payouts on Small Accounts
By Jeff BermanBut the firm's decision to leave its comp grid alone stands as welcome news for advisors, consultant Andy Tasnady says.
December 03, 2020
The Rich Are Getting Richer, and That's Good for Advisors: CerulliThe number of high-net-worth households is increasing, and that group controls more than 43% of U.S. investable assets, Cerulli reports.
December 02, 2020
Bonds vs. Bond Funds: 6 Reasons to Love BothPrice or convenience? That's one of several issues advisors and clients have to consider when shopping for fixed income products.
December 02, 2020
BlackRock Drops iShares Brand From Some ETFsFund giant is rebranding its lineup, separating alpha-seeking active ETFs from all others, including its index funds.
December 01, 2020
Pelosi, McConnell Offer New Stimulus Plans as Rebound SlowsRepublican plan includes $333 billion in spending on business subsidies, including a revised version of the Paycheck Protection Program.
December 01, 2020
Stock Prices 'Not as Absurd' as Some Think: ShillerThe Nobel prize-winning economist explains why today's record stock market prices may make sense.
December 01, 2020
U.S. Stocks Climb to Record Highs on Stimulus Talks, Vaccine NewsS&P 500 Index advanced 1.1% to 3,662.41; Dow improved 0.6% to 29,823.52, the biggest gain in a week; and Nasdaq gained 1.3% to 12,355.11.
December 01, 2020
Nasdaq Joins Goldman in Push for More Diverse Boards"This listing rule is one step in a broader journey to achieve inclusive representation across corporate America," says Nasdaq CEO Adena Friedman.