Economy & Markets
The important economic and stock market news that advisors need to know.
Morgan Stanley to Open Wealth Unit in Canada
By Janet LevauxThe new business aims to build on the firm's current Shareworks stock-plan administrative services.
May 20, 2020
Can Interactive Brokers' New Fund Marketplace Lure RIAs?There are 47 other RIA wealth platforms, consultant Craig Iskowitz says. Can Interactive Brokers break out from the pack?
May 20, 2020
How to Prep Clients for Market Stress When They Don't Understand RiskUse a "goals-driven approach" instead, says Katherine Nixon of Northern Trust.
May 20, 2020
Fund Flows Turned Positive in April, but Investors Favored SafetyThey favored money market funds above all others, Morningstar reported.
May 20, 2020
Trump Orders Regulators to Cut Back Amid PandemicUnder the order, agencies like the SEC must review regulations that may "inhibit economic recovery."
May 20, 2020
Treasury's Mnuchin Provides CARES Act UpdateTreasury and SBA have approved over 4.3 million loans to small businesses amounting to about $513 billion.
May 19, 2020
Billions of Dollars in CARES Act Still UnspentThe treasury secretary and Fed chairman were grilled about why loans aren't reaching businesses and communities in need.
May 19, 2020
Institutional Investors Focus Capital on Global Problems: NatixisHalf of investors said institutions should champion ESG issues, Natixis reported.