Economy & Markets
The important economic and stock market news that advisors need to know.
The 2020 IA25: Jeffrey Gundlach
By Janet LevauxThe head of DoubleLine Capital gives his views on the economy and industry trends in light of the coronavirus.
April 21, 2020
Expect More Oil Price Declines, Strategist Says"Demand has essentially collapsed," said Bart Melek of TD Securities after a second day of price drops in the futures market.
April 21, 2020
Broadridge Introduces COVID-19 Relief Efforts: Coronavirus Aid RoundupWells Fargo, Citi and BNB Bank are among other companies offering COVID-19 relief.
April 21, 2020
Fidelity Launches Thematic Funds With Time-Based Fee DiscountsThe discounts grow over time and are available for investors who hold the funds for at least one year.
April 21, 2020
Millennial Investors Show Their Faith in Stocks: Q1 AnalysisNew self-directed and robo-advised accounts by investors of all ages soared, Apex Clearing reported.
April 21, 2020
Trump Signals Deal on New Small-Business StimulusMeanwhile, lawmakers floated a bill to classify pandemic-affected small businesses for opportunity zone tax treatment.
April 21, 2020
Jeremy Siegel Says Reopening Hinges on More TestingThe Wharton professor also weighed in on the price of oil tumbling below zero.
April 21, 2020
6 Ways to Protect Older Clients' Portfolios in Weak MarketsWhile many younger clients can wait it out, retirees may need to act, Morningstar's Christine Benz says.