Economy & Markets
The important economic and stock market news that advisors need to know.
Jim Bianco: Don't Count Out Trump Reelection Just Yet
By Jeff BermanDuring a Hedgeye webcast, he also advises not to depend on a COVID-19 vaccine or cure to send the economy soaring.
July 13, 2020
'Mother of All Melt-Ups' Is Not Foreshadowing Another Meltdown: Ed YardeniThe longtime investment strategist to top RIAs tells ThinkAdvisor why he thinks the decade-long bull market "may still be intact."
July 13, 2020
7 Predictions for the Investment Industry: William BlairThe firm's research details the big changes afoot, from technology to investing strategies to retirement planning.
July 13, 2020
Q2 Could Be 'Earnings Hell, Again' for Banks: Analyst"We think [some] earnings will be down by a half year over year," bank analyst Mike Mayo said.
July 13, 2020
Wealthy Investors Anticipate Long-Lasting Lifestyle Changes After COVID-19: UBSThe vast majority of investors in a survey reported financial damage, but that's not the only lasting consequence they expect.
July 13, 2020
SBA Ends Economic Disaster Advance ProgramFunds for the EIDL Advance program, which made emergency payments of up to $10,000, have been exhausted, though loans are still available.
July 13, 2020
PPP Data Errors Abound, Raise Questions About Stimulus' ImpactOf some 4.9 million loans, the number of "jobs retained" is zero for more than 1 in 10.
July 13, 2020
Invesco to License Fidelity's Active Equity ETF Strategy: Portfolio ProductsAlso, RBB plans to offer Precidian Investments' non-transparent ETF structure on its turnkey platform.