Economy & Markets
The important economic and stock market news that advisors need to know.
World Economy in 2020 to Weaken More Sharply Than Forecasted: IMF
By Janet LevauxThe United States' economy is expected to contract 8% in 2020 vs. an earlier estimate of 5.9%.
June 24, 2020
Small/Mid-Cap Asset Manager of the Year: The London Co."We spend the majority of our time trying to analyze what can go wrong in each decision we make. We don't build feature models and try to outguess every other analyst and PM out there on growth rates and margin expansions."
June 24, 2020
DOL Proposes Limit on ESG Investments in Retirement PlansThe proposal reverses Obama-era guidelines allowing retirement plans to consider the social impact of investments.
June 24, 2020
Pandemic Lockdown Provides Silver Lining for MillennialsSpending is down and incentives to invest are up, survey finds.
June 24, 2020
Navigating the Twists in PPP's Loan Forgiveness RulesWe have recently learned that elements of the SBA's emerging guidance may be effective retroactively.
June 23, 2020
SEC Preps LIBOR Transition ExamsSEC registered advisers that specialize in fixed-income tied to LIBOR should expect an exam in 2020.
June 23, 2020
3 Questions to Ask Before Jumping Into the Bull Market for RIAsResolving these issues is a "must" before you start down the M&A path, says Mariner Wealth CEO Marty Bicknell.
June 23, 2020
Top 5 Tips by CPAs to 'Recession-Proof' Finances: AICPAIt's important to plan for a downturn even when the economy is doing well.