Economy & Markets
The important economic and stock market news that advisors need to know.
SEC's Chief Accountant Relaxes Some Corporate Reporting Rules
By Bernice NapachThey include temporary suspension of GAAP standards for some loan modifications.
April 03, 2020
The Muni Bond Market Is Getting WildThe COVID-19 pandemic is upending the ordinarily sleepy market.
April 03, 2020
Fed Helped Bond Market Stabilize: Penn Mutual AnalystMark Heppenstall has a chart showing liqudity pressure was climbing toward Great Recession levels.
April 02, 2020
First Nontransparent ETFs Start TradingThey are two equity ETFs from American Century — one growth and one value.
April 02, 2020
What RIAs Should Know About Stimulus' Paycheck Protection Loans: DeVoeAdvisors can tap the PPP, as well as express and disaster loans, to pay staff and other business costs during the COVID-19 pandemic.
April 01, 2020
The 1918 Flu Pandemic Hit GDP Hard: EconomistsThe researchers estimate the GDP reduction was equal to about three times the death rate.
April 01, 2020
Too Late to De-risk? 5 Questions to Help DecideSome clients should cut their losses while others might want to wait it out, Morningstar's Christine Benz says.
April 01, 2020
Cetera Offers Advisors Free Backup CFP ServicesThe IBD network wants advisors to have support if they become ill; it has also added other services to help clients during the pandemic.