Economy & Markets
The important economic and stock market news that advisors need to know.
How to Convince Clients That Downturns Are Opportunities
By Bernice NapachWhen markets turn volatile, it's "natural" for investors to get nervous, but research shows advisors can help them adjust in beneficial ways.
November 25, 2020
How Biden's Team Could Support Sustainable InvestingTwo senior Morningstar researchers discuss the likelihood that the next administration will reverse some of Trump's regulatory policies.
November 24, 2020
Ellevest Gets $7.5M Investment From Allianz LifeFunds will help the digital-advice platform for women expand its business, say CEO Sallie Krawcheck and other executives.
November 24, 2020
BNY Mellon Trust Indicator Posts 4.9% Return in Q3Robust equity markets drive positive performance for all plan types in the U.S. Master Trust Universe during the quarter.
November 24, 2020
U.S. Economic Recovery Fades as Infections Rise: Moody's AnalyticsThe recovery is at risk "if policymakers are not able or willing to produce additional timely monetary and fiscal support," says Chief Economist Mark Zandi.
November 23, 2020
BlackRock to Buy SMA, Custom Index Shop for $1.05BThe news comes about six weeks after Morgan Stanley agreed to buy Eaton Vance — which includes direct indexer Parametric.
November 23, 2020
Biden to Pick Yellen as Treasury Secretary: WSJ ReportFed Governor Lael Brainard has been told by allies of Biden that she should stay at the central bank, according to Bloomberg.
November 23, 2020
What's Ahead for Trump, the Market and More: ValliereThe Washington insider's sources say there's "a decent chance" Biden and McConnell could reach a deal on a modest stimulus bill next month.