Economy & Markets
The important economic and stock market news that advisors need to know.
Coronavirus Spotlights Investors' Biggest Mistakes
By Michael S. FischerHere's what investors regret most, according to MagnifyMoney.
May 22, 2020
SEC Moves Closer to Requiring ESG Disclosures for Public Companies"ESG is no longer a fringe concept," says a subcommittee report, and is "an integral part of the larger investment ecosystem."
May 22, 2020
Morgan Stanley Sees Just Half of Staff in Offices by Year-EndCEO James Gorman also discusses diversity, management pay cuts and business in China at virtual shareholder meeting.
May 22, 2020
Powell's Problem? 'He Can't Print Jobs,' Says Fed WatcherDanielle DiMartino Booth shares her outlook on short-term unemployment and also November's elections.
May 21, 2020
CARES Act 'Retail Glitch' Fix: Claiming the Bonus DepreciationThis relief helps restaurants and retailers, some of the businesses hardest hit by the COVID-19 pandemic.
May 21, 2020
Fund Managers Fear Second Coronavirus Wave: BofA SurveyFund managers' cash allocation remains high, the monthly survey finds.
May 21, 2020
ESG-Focused Funds Are Outperforming During PandemicAn S&P Global report also explains how the pandemic is increasing demand for these funds.
May 21, 2020
Sen. Rubio Wants to Press Forward With Small-Business Loan ExtensionRepublicans and Democrats alike have heard from business owners worried about running out of money to pay their employees.