Economy & Markets
The important economic and stock market news that advisors need to know.
Here's How State, Local Funding Shortfalls Could Affect GDP
By Bernice NapachFailing to provide more federal aid could have an immense cost, economists from both parties say.
June 02, 2020
Jeremy Siegel: George Floyd's Death, Riots Will Have Minimal Election ImpactThere may be a "slight benefit" for the Democrats, based on current political market odds, he says.
June 02, 2020
How an Advisor Handled 2 Tough Client Cases in Florida's Tourism MeccaIn one case, a death led to finding a new client, Dennis Nolte of Seacoast Investment Services tells ThinkAdvisor.
June 01, 2020
Morgan Stanley to Invest $10M in NY Loan Fund: Coronavirus Aid RoundupSchwab, Jefferies and Citi are among other companies offering COVID-19 relief.
June 01, 2020
Twin Cities Financial Firms Speak Out After Floyd's Killing, Protests"There remains a tremendous amount of work to do here in the Twin Cities" to fight racism, RBC says.
June 01, 2020
Fed Reveals Which Bond ETFs It PurchasediShares from BlackRock, which manages several Fed bond-buying programs, leads.
June 01, 2020
Mutual Fund Assets Bounced Back in April, but Outflows Continued: CerulliThe research firm also put a spotlight on interval funds, which can hold both liquid and illiquid assets.
June 01, 2020
Ken Fisher-Dominated Stock ETNs See $3.5B WithdrawalsWithdrawals came from leveraged equity products last week; move is probably tied to portfolio management, analyst says.