Economy & Markets
The important economic and stock market news that advisors need to know.
Tibergien, Seivert: RIA Deal Market Favors Neither Buyers Nor Sellers
By Jeff BermanIt's a "mixed" M&A market, according to the former head of Pershing Advisor Solutions and the CEO of Echelon Partners.
October 06, 2020
Goldman: Democratic Sweep Would Be a Plus for U.S. EconomyA Biden win and Democratic Senate raises the probability of more fiscal stimulus, Goldman's chief economist says.
October 06, 2020
Fed Chief: Slowing Recovery Needs More SupportJerome Powell told the NABE annual meeting the government should err on the side of doing more rather than less.
October 06, 2020
12 Best Cities for Financial Advisors to Start a CareerAdvisors in these cities make high average salaries and have lots of potential clients, according to SmartAsset.
October 05, 2020
Nearly Half of Investors Sold Stock in March; Most Now Regret It: SurveyMany investors are buying stocks that are thriving during the pandemic crisis, MagnifyMoney finds.
October 05, 2020
JPMorgan's Kelly Sees a Slow Return for GrowthPresident Trump testing positive for COVID-19 adds even more uncertainty to the markets, says the global strategist.
October 05, 2020
First ETF to Track 'Blank Check' Companies Launches: Portfolio ProductsMeanwhile, SoFi has launched the first actively managed ETF that offers investors a weekly income payout.
October 02, 2020
American Funds Changes Multiple Portfolio ManagersThe changes follow the recent or pending retirements of several longtime fund managers.