Economy & Markets
The important economic and stock market news that advisors need to know.
PPP 'Pig-Out' Complicates New Stimulus Bill's Timing: Valliere
By Melanie WaddellThe news that billions of dollars have flowed to well-connected firms that don't need money has "embarrassed Congress," he says.
July 08, 2020
Vanguard, iShares ETFs Stand Out in June, While Schwab Sees More OutflowsMarket volatility remains "a boon for firms like State Street and ProShares," says Morningstar's Ben Johnson.
July 08, 2020
An Advisor's Dilemma: Millennial Investors Who Won't ListenRose Swanger of Advise Finance tells ThinkAdvisor tales of two couples: one who listened to her and did OK, and another that didn't and paid the price.
July 08, 2020
Shilling Forecasts a 30%-40% Drop in U.S. StocksSeveral catalysts could reverse the recent gains in stocks, he says.
July 07, 2020
Schwab Clients Can Now Say 'Hey Google' for Account InfoThe news comes some 10 months after TD Ameritrade and E-Trade announced their own Google integration efforts.
July 07, 2020
Why Haven't Rising COVID Counts Crushed Stocks? 3 Possible ExplanationsSome Wall Street strategists say there are logical reasons for the disconnect.
July 07, 2020
Stocks Party Like It's 1999: LipperThese were the top-performing stock sectors for Q2, according to the research group.
July 06, 2020
3 Ways to Keep Retirement Plans on Track During the PandemicDon't be afraid to contact clients with good news and bad, Cathy Clauson of AssetMark tells ThinkAdvisor.