Economy & Markets
The important economic and stock market news that advisors need to know.
FINRA: Fraud Continues to Be Major Challenge During Pandemic
By Jeff BermanThe "biggest potential problem" is phishing, risk oversight officer Bill Wollman says.
May 13, 2020
Rep. Brady: Dems' New Stimulus Plan a 'Recipe for a Prolonged Recession'"I don't know if there will be a fifth emergency aid bill," Brady said. But he discussed plans to boost retirement savings.
May 12, 2020
Record Low Student Loan Rates Expected in the FallRates for undergraduate, graduate and PLUS loans are expected to drop 178 basis points.
May 12, 2020
Jeremy Siegel: Congress May Compromise on State COVID-19 AidIt is a "delicate question about funds to states and cities," Siegel said.
May 12, 2020
House Democrats Unveil $3 Trillion Aid Bill With Cash for StatesThe bill includes more cash payments and tax changes; Republicans signaled that they're in no rush.
May 12, 2020
Target Date Funds Hammered by Q1 Market Turbulence: MorningstarAssets in target date strategies fell by 17% from the fourth quarter.
May 12, 2020
IRS: 6 Reasons a Stimulus Check Could Be Less Than ExpectedIf your clients are disappointed with their Economic Impact Payment, they may fall into one of these categories.
May 12, 2020
Investors Are Dumping Stocks for Bonds as Fed Buying BeginsIt's the "follow the Fed" mantra in action.