Economy & Markets
The important economic and stock market news that advisors need to know.
Impact Investors Optimistic Amid Pandemic: Survey
By Michael S. FischerNearly 90% of investors said their investments had met financial and impact expectations, GIIN reports.
June 11, 2020
How an Advisor Saved a Winemaker From Disappointing His WorkersKarin Alvarado of New Aspect Financial Services also tells ThinkAdvisor about helping a foster care facility avoid layoffs.
June 11, 2020
Self-Directed 401(k) Balances Down 14% in Q1: SchwabMeanwhile, fractional shares are now available in Schwab brokerage accounts.
June 10, 2020
Fed Indicates No Change in Interest Rates Through 2022Chairman Jerome Powell repeated that the Fed will do whatever it takes to support the economy.
June 10, 2020
Gundlach: Stocks Headed for Trouble; Fed Could Bend Yield CurveMeanwhile, the Fed could institute "hyper-hyper QE" and also "yield curve control," he said.
June 10, 2020
Fees Keep Falling as Cheapest Funds Gobble Assets: MorningstarThe savings investors receive from favoring lower cost funds accrues to billions of dollars over time.
June 10, 2020
Ric Edelman Warns of Long-Term Pandemic ImpactBe prepared for further stock drops and continued high unemployment until a vaccine is developed, he says.
June 10, 2020
Goldman-Folio Deal: The Pros and ConsThe deal could pave the way for Goldman to muscle into the RIA space.