Economy & Markets
The important economic and stock market news that advisors need to know.
Moody's Cuts Asset Managers' Outlook to Negative
By Bernice NapachThe downgrade reflects the growing economic and market upheavals caused by the COVID-19 pandemic.
March 24, 2020
'You Will Be Hearing a Knock on Your Door': AG Warns Coronavirus ProfiteersAttorney General William Barr says the administration is cracking down on price gouging and hoarding.
March 24, 2020
Pelosi Unveils $2.5 Trillion Stimulus PlanPelosi's legislation is being billed as a "wish list" with few provisions likely to pass, says Raymond James policy analyst Ed Mills.
March 24, 2020
Vote Now for the 2020 IA25Your input on the 25 industry leaders you're turning to for insights and inspiration is needed by April 6.
March 23, 2020
Raymond James Stops In-Person Recruiting, Puts Some Advisor Moves on HoldThe news comes about 10 days after the firm decided to limit visits to the home office and branches.
March 23, 2020
Stimulus Bill Fails Second Vote in SenateSen. Dick Durbin, D-Illinois, said the vote "broke down when [McConnell] refused to make it a bipartisan negotiation."
March 23, 2020
Fed Goes All In as Investors Wait on CongressThe Fed took unprecedented steps; meanwhile, a Senate vote on a stimulus bill failed Monday afternoon.
March 23, 2020
What Fed Watchers Make of 'QE Infinity'Fed watcher DiMartino Booth says the U.S. central bank is "making up for what Congress is not delivering."