Economy & Markets
The important economic and stock market news that advisors need to know.
9 Stocks to Avoid in a Struggling Economy: Morningstar
By Michael S. FischerThese firms lack competitive advantages, Morningstar's Susan Dziubinski says.
September 17, 2020
Is That Portfolio ESG-Friendly? New Service Helps Advisors Find OutOpenInvest, a firm backed by Andreessen Horowitz and Y Combinator, has launched a subscription-based service called Portfolio Diagnosis.
September 16, 2020
Most Fund Managers Say Recession Is Over: BofAFour in five fund managers expect global growth over the next 12 months, the highest level in 17 years, according to BofA's monthly survey.
September 16, 2020
How to Invest in Today's Low-Rates-for-Longer Bond MarketBond strategists weigh in at Morningstar's all-virtual annual conference.
September 16, 2020
Fed Signals Rates Will Stay Near Zero for at Least 3 YearsThe FOMC statement stressed goals to achieve maximum employment and inflation averaging 2% over time.
September 16, 2020
12 Best U.S. Cities for Retirement: 2020Wallethub ranked 182 cities on affordability, activities, quality of life and health care for retirees.
September 15, 2020
Raymond James to Trim Some 500 JobsThe news comes one day after Citigroup said it would cut its global workforce by about 1%.
September 15, 2020
Best Financial Strategy Before Election Is to Wait and See: Wells Fargo AnalystsIt's too soon to say what will happen on Election Day, so the best plan is to decide what investors' money goals are and plan accordingly, the firm's analysts say.