Economy & Markets
The important economic and stock market news that advisors need to know.
Citi CFO, One of Few Black Financial Execs, Weighs In on Floyd's Death
By By Jennifer Surane, Sridhar Natarajan, | Sonali BasakMark Mason, like others in the financial services industry, debated before speaking up.
June 02, 2020
CBO: U.S. Economy Won't Recover Pandemic Losses Until 2030The preliminary projection says nominal GDP will be reduced by $15.7 trillion during the interim.
June 02, 2020
Jeremy Siegel: George Floyd's Death, Riots Will Have Minimal Election ImpactThere may be a "slight benefit" for the Democrats, based on current political market odds, he says.
June 02, 2020
How an Advisor Handled 2 Tough Client Cases in Florida's Tourism MeccaIn one case, a death led to finding a new client, Dennis Nolte of Seacoast Investment Services tells ThinkAdvisor.
June 01, 2020
Morgan Stanley to Invest $10M in NY Loan Fund: Coronavirus Aid RoundupSchwab, Jefferies and Citi are among other companies offering COVID-19 relief.
June 01, 2020
Twin Cities Financial Firms Speak Out After Floyd's Killing, Protests"There remains a tremendous amount of work to do here in the Twin Cities" to fight racism, RBC says.
June 01, 2020
Fed Reveals Which Bond ETFs It PurchasediShares from BlackRock, which manages several Fed bond-buying programs, leads.
June 01, 2020
Mutual Fund Assets Bounced Back in April, but Outflows Continued: CerulliThe research firm also put a spotlight on interval funds, which can hold both liquid and illiquid assets.