Economy & Markets
The important economic and stock market news that advisors need to know.
3 Reasons Gundlach Is Bearish on U.S. Stocks
By Bernice Napach"The U.S. will be the worst performing stock market over the next five years," the DoubleLine CEO said, discussing the bond asset classes he favors now.
October 27, 2020
BlackRock Cuts U.S. Treasurys, Citing Odds of Democratic SweepIt also upgraded Treasury inflation-protected securities. A blue wave would likely mean "significant fiscal expansion," BlackRock said.
October 26, 2020
BlackRock Exec Rejoins DWS as U.S. Head of WealthMatt Hilding is focused on growing the firm's U.S. channel, which is key for its overall growth strategy.
October 26, 2020
These Bonds Could Benefit From a Democratic SweepHint: They tend to attract more buyers when taxes rise.
October 26, 2020
WisdomTree Teams With 55ip on Tax-Smart Model Portfolios: Portfolio ProductsAlso, Janus Henderson launches floating rate AAA CLO ETF.
October 25, 2020
Fidelity International Buys U.K.-Based Personal Investing BusinessThe deal brings 300,000 Legal & General clients and the equivalent of about $7.6 billion of assets to the London-based business.
October 23, 2020
5 Investing Moves to Consider if Biden Wins ElectionJeff Mortimer of BNY Mellon Investment Management makes some recommendations.
October 23, 2020
Wells Fargo Weighs Sale of Asset Management Arm; Restructures Wealth UnitThe news comes shortly after the bank announced it had cut hundreds of jobs, including advisors.