Economy & Markets
The important economic and stock market news that advisors need to know.
Tax-Loss Harvesting During Market Turmoil: Who Did It, Who Didn't
By Michael S. FischerBackend Benchmarking compared robo-advisors' harvesting of losses this year and found big differences among platforms.
August 20, 2020
GMO's Montier Doesn't Buy This Stock RallyPopular explanations for the apparent market recovery don't add up, he says.
August 20, 2020
Millennial, Gen Z Risk Tolerance Soared Since Pandemic Started: E-TradeThe company takes a look at trading trends of younger investors during the COVID-19 crisis.
August 20, 2020
Interest Rate Assumption Changes Could Be the New MonsterSo far, COVID-19 mortality and pandemic-related defaults haven't been as scary as analysts had feared.
August 19, 2020
What's a Pro Sports Coach to Do in a Pandemic? Talk to an Advisor, of CourseHarman Wealth Management's managing director told ThinkAdvisor about working with MLB and NFL coaches — and another client whose needs went beyond financial planning.
August 19, 2020
Fund Managers Are Most Bullish Since February: BofAThe same day the finding was released, the S&P 500 closed at an all-time high.
August 18, 2020
Fractional Shares Are Helping to Drive Increased TradingShares of in-demand but high-priced stocks like Amazon are no longer out of reach, financial industry executives say.
August 17, 2020
Postal Service Crisis Could Lead to Next Stimulus Bill: Valliere"Several Democrats said this weekend that postal funding could be wrapped into a bigger package," Valliere said.