Economy & Markets
The important economic and stock market news that advisors need to know.
Best Financial Strategy Before Election Is to Wait and See: Wells Fargo Analysts
By Jeff BermanIt's too soon to say what will happen on Election Day, so the best plan is to decide what investors' money goals are and plan accordingly, the firm's analysts say.
September 14, 2020
Biden 'Silent' on Pandemic Aid: ValliereMeanwhile, Treasury Secretary Mnuchin says a "clean" bill to fund the government could be finalized this week.
September 14, 2020
UBS Exploring Merger With Credit SuisseA Swiss finance blog says leaders of the two banks could agree on a merger as early as next year.
September 11, 2020
Taxes Will Go Up No Matter Who Wins in November: Richard Bernstein"We do not have any choice anymore" but to raise taxes, he says.
September 11, 2020
World's Top 20 Biggest Wealth ManagersADV Ratings ranked the firms, including all four wirehouses, by assets under management.
September 11, 2020
NFL Player Josh Bellamy Arrested in $24M PPP Loan ScamThe ex-New York Jets wide receiver received $1.2 million in CARES Act funds as part of the scheme, the DOJ said.
September 10, 2020
Economic Rebound More Fragile With U.S. Aid on BrinkBarring additional stimulus, the U.S. recovery "will be more susceptible to downside risks," said economist Gregory Daco.
September 10, 2020
How Behavioral Finance Can Help Clients and AdvisorsAdvisors using these techniques tend to educate clients about potential volatility and urge them to expect it, according to a recent industry report.