Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman Becoming RIA Custodians' 'Worst Nightmare'
By Bernice NapachBy selling Folio's DIY unit but keeping the RIA business, Goldman is angling to compete in the space, consultant Tim Welsh says.
December 04, 2020
Who Withdrew $7B From Vanguard Fund?The outflow from the $172 billion Vanguard S&P 500 ETF (VOO) represents about 4% of the fund's assets, says Bloomberg.
December 03, 2020
Harry Dent: Market Crash Coming in 2-3 Years; Economy 'Already Dead'And another round of stimulus won't revive it, the "Contrarian's Contrarian" tells ThinkAdvisor.
December 03, 2020
The Rich Are Getting Richer, and That's Good for Advisors: CerulliThe number of high-net-worth households is increasing, and that group controls more than 43% of U.S. investable assets, Cerulli reports.
December 02, 2020
Bonds vs. Bond Funds: 6 Reasons to Love BothPrice or convenience? That's one of several issues advisors and clients have to consider when shopping for fixed income products.
December 02, 2020
BlackRock Drops iShares Brand From Some ETFsFund giant is rebranding its lineup, separating alpha-seeking active ETFs from all others, including its index funds.
December 01, 2020
Pelosi, McConnell Offer New Stimulus Plans as Rebound SlowsRepublican plan includes $333 billion in spending on business subsidies, including a revised version of the Paycheck Protection Program.
December 01, 2020
Stock Prices 'Not as Absurd' as Some Think: ShillerThe Nobel prize-winning economist explains why today's record stock market prices may make sense.