Economy & Markets
The important economic and stock market news that advisors need to know.
Quarter of Millennials Bought Stocks Amid Recent Volatility: Bankrate
By Jeff BermanThey were more likely than investors in other generations to buy stocks, but also to sell them, Bankrate found.
April 01, 2020
Gundlach Sees New Stock Lows, Long-Term Pain Ahead"It looks like a depression scenario," the DoubleLine CEO says.
March 31, 2020
Dow Has Worst Q1 in Its HistoryBoeing led the losses, down 54% as the coronavirus pandemic halted most air travel.
March 31, 2020
Former Fed Chair Yellen Worries About a Deepening RecessionHer best-case scenario doesn't foresee positive GDP growth until the fourth quarter.
March 31, 2020
8 Ways the Stimulus Package Helps Student Loan BorrowersThe biggest benefit is a suspension of federal student loan payments, but there's more.
March 31, 2020
BofA Pledges to Keep, Pay Staff in 2020The bank's CEO says it also added staff and is extending loans to keep businesses afloat.
March 31, 2020
Economists Are Losing Hope in a 'V-Shaped' Post-Virus RecoveryGetting back to work is one thing. Getting back to play is another. And both will likely happen only gradually.
March 31, 2020
Stimulus Plan Includes Temporary RMD WaiverThis measure "will help lots of people avoid a tax bill on IRA value that has vanished," IRA expert Ed Slott tells ThinkAdvisor.