Economy & Markets
The important economic and stock market news that advisors need to know.
Black, Latino Investors More Bearish Than Whites: FINRA
By Jeff BermanBut their interest in investing has increased since the start of the pandemic, FINRA says.
October 13, 2020
Americans' Personal Savings Up 10% From 2019: Northwestern MutualSavers worry about what could come next during the pandemic.
October 13, 2020
Fidelity Hiring 4,000 Workers, Including AdvisorsThe firm plans to hire thousands of financial advisors, licensed reps and customer service employees over the next six months.
October 12, 2020
On TikTok, a Psychologist Teaches Gen Z How to Build WealthDr. Brad Klontz tells ThinkAdvisor about his popular outreach efforts and how he got people to save 73% more after a 90-minute intervention.
October 12, 2020
Top Raymond James Advisor: Taxes on the Wealthy Are MisunderstoodRandy Carver, a longtime fixture in Barron's rankings, comments on the Trump tax exposé and says Biden's tax plan will hurt the economy.
October 12, 2020
Private Equity Is Doubling Down on ESG Amid PandemicPurpose, responsibility and transparency are at the top of the agenda for private equity firms.
October 12, 2020
U.S. Life Insurers May Face Spike in Mortgage Loan Losses: FitchLife insurers have eased terms for borrowers that account for 9% of commercial real estate mortgage loan balances.
October 09, 2020
Most Investors Staying Put Until After Election: SurveySeven in 10 investors say Trump's COVID-19 diagnosis is neither bullish nor bearish, according to Investing.com.