Economy & Markets
The important economic and stock market news that advisors need to know.
Mnuchin Won't Extend Many Fed Lending Facilities Beyond Year-End
By Saleha MohsinHe also wants the Fed to return unused funds after the lending programs expire.
November 19, 2020
T. Rowe Is Creating a Second Investment FirmT. Rowe Price Investment Management will initially assume management of six existing strategies.
November 19, 2020
Schwab's Kathy Jones: Expect Higher Long-Term Bond Yields in 2021Here's what the chief fixed income strategist is recommending for investors.
November 19, 2020
Treasury Unit Gives Life Insurers a COVID-19 TestAnalysts say life insurers' real estate holdings look good but that low interest rates are a problem.
November 19, 2020
Wall Street Eyes More Job Cuts After Headcount Swells in 2020While the six biggest banks have cut 140,000-plus jobs over the past eight years, they've added some 2,000 employees this year.
November 18, 2020
Fund Managers' Growth Expectations Hit 18-Year High: BofAInvestors are in their most bullish mood of the year, the bank's monthly fund manager survey finds.
November 18, 2020
3 Reasons to Rethink Portfolio Construction NowSébastian Page at T. Rowe Price discusses why this is necessary and what investors should do.
November 17, 2020
Shelton Nomination to Fed Blocked in SenateTwo Republican senators sided with Democrats and three others were absent, two due to COVID-19.