Economy & Markets
The important economic and stock market news that advisors need to know.
How to Talk Politics With Clients Ahead of the Election
By Bernice NapachHartford Funds' John Diehl says these chats "can uncover further details on what clients' value ... and ultimately help foster a strong, effective relationship."
September 10, 2020
Putnam Fixed Income Chief to RetireMichael Salm has been named co-chief investment officer and will succeed Bill Kohli in mid-2021.
September 09, 2020
Half of Natixis Strategists See Another Market SelloffThe firm's strategists overwhelmingly expect ESG investing to be a post-pandemic market winner.
September 08, 2020
Gundlach Hedges His Prediction of Trump Win, Calls Investor Behavior 'Terrifying'His "base case" is still a Trump victory, but all bets are off in the case of a major COVID flare-up, Gundlach says.
September 08, 2020
Bank of America Wants More Diversity on Its Investment PlatformThe bank is enhancing initiatives to encourage racial and gender diversity in asset managers and their investments.
September 08, 2020
JPMorgan Probes Employees' Role in Misuse of Relief FundsThe bank issued about 280,000 loans totaling more than $29 billion, according to SBA data.
September 08, 2020
Buffett Slashes Stake in Wells FargoThe bank's stock is down more than 50% year to date.
September 08, 2020
GOP Unveils 'Targeted' New Stimulus PlanDemocratic leaders blasted the pared-down bill as "emaciated" and "laden with poison pills" they would never support.