Economy & Markets
The important economic and stock market news that advisors need to know.
Wells Fargo Plans to Offer Its First ETF
By Bernice NapachThe bank has filed with the SEC for an ETF trust and an Ultra Short Duration Income ETF.
July 27, 2020
GOP's Relief Bill Won't Be Enough to Prevent Double-Dip Recession: ZandiThe chief economist at Moody's Analytics weighs in on the next expected Republican aid package.
July 27, 2020
TD Ameritrade vs. Schwab: The Latest Quarterly EarningsAs they prepare to merge, TD reports daily average trades of 3.4 million in the latest quarter vs 1.6 million at Schwab.
July 27, 2020
New GOP Stimulus Package Set for Monday ReleaseThe enhanced unemployment insurance benefit under the GOP plan is now reportedly about $200 a week through the end of 2020.
July 27, 2020
Big Weekly Inflows for Bonds, Gold, Cash: BofAThe bank lays out two "great" themes on investors' minds this summer.
July 27, 2020
DOL Plan to Limit ESG in 401(k)s Draws Growing OppositionAlso, trade groups and House Democrats criticized the rule's unusually short comment period.
July 24, 2020
Wealthy Investors Say They'll Adjust Portfolios After Election: UBS PollNearly half of American respondents said this, versus 61% globally.
July 24, 2020
3 Tax Planning Strategies to Consider NowIt's an election year, and big tax changes could come if Democrats gain power. Here's how to prepare.