Economy & Markets
The important economic and stock market news that advisors need to know.
Pension Offers vs. Lump Sum Distributions
By Rick MuzikA question about what to do about severance may be the start of a much longer conversation.
July 28, 2020
Corporate Bond Funds Are Weak Where They Look Weak: ResearchersThree economists say COVID-19-related bond fund outflows correlated well with obvious signs of fragility.
July 28, 2020
Why Big Endowments and Foundations Beat Small Ones in Q1BNY Mellon found that while smaller endowments and foundations did better in 2019, performance lagged in 2020. Here's why.
July 28, 2020
Wells Fargo Plans to Offer Its First ETFThe bank has filed with the SEC for an ETF trust and an Ultra Short Duration Income ETF.
July 27, 2020
GOP Outlines Economic Relief PackageThe HEALS Act contains multiple bills, including one creating "second-draw" PPP loans.
July 27, 2020
How an Advisory Firm Helps Grounded PilotsFacing the prospect of mass layoffs come October, many pilots wonder if they should take an early retirement buyout.
July 27, 2020
GOP's Relief Bill Won't Be Enough to Prevent Double-Dip Recession: ZandiThe chief economist at Moody's Analytics weighs in on the next expected Republican aid package.
July 27, 2020
TD Ameritrade vs. Schwab: The Latest Quarterly EarningsAs they prepare to merge, TD reports daily average trades of 3.4 million in the latest quarter vs 1.6 million at Schwab.