Economy & Markets
The important economic and stock market news that advisors need to know.
Franklin Templeton Buys Digital Wealth Platform AdvisorEngine
By Janet LevauxThe deal comes less than three months after Franklin acquired asset manager Legg Mason for $4.5 billion.
May 05, 2020
Jeremy Siegel: Trump's China Bashing Spells Bad News for Trade WarThe professor also remarked on Buffett's recent misses and said aggressive federal spending would have consequences.
May 04, 2020
Mutual Fund, ETF Assets Ravaged by Double-Digit Declines in March: CerulliInvestors pumped $685 billion into money market funds, bringing assets to $4.3 trillion.
May 04, 2020
Funds, Charities Call for COVID-19 Aid on 'Giving Tuesday Now'Donor-advised funds are calling for more donations on May 5.
May 04, 2020
Morgan Stanley Boosts Charitable Commitment: Coronavirus Aid RoundupSoFi, Reliant Funding, Cross River Bank, Hancock Whitney and OneUnited Bank are offering COVID-19 relief.
May 04, 2020
Buffett Speaks Out on Missing Blockbuster DealsThe leader of Berkshire Hathaway, which has $137 billion in cash, says the range of economic possibilities now is "extraordinarily wide."
May 04, 2020
Harry Dent Predicted 'Once-in-a-Lifetime' Crash by 2020. What Now?The lift in stocks isn't going to last, the "Contrarian's Contrarian" tells ThinkAdvisor.
May 04, 2020
Schwab Is Making Changes to U.S. REIT ETF: Portfolio ProductsAlso, Matthews Asia has launched an Emerging Markets Equity Fund, its first strategy to invest in broad emerging markets.