Economy & Markets
The important economic and stock market news that advisors need to know.
5 Things Congress' Own Retirement Analysts Are Saying About Annuities
By Allison BellOne of the CRS analysts' ideas: Make retirement plan participants decide about annuitization early.
July 21, 2020
Biden's $775B 'Caring Economy' Plan to Be Funded by Real Estate TaxesThe Democratic program would bolster care for children and seniors, and it would target "like-kind" real estate exchanges.
July 20, 2020
Pershing Taps Former Goldman Sachs Exec as COOEmily Schlosser replaces Jim Crowley as compliance chief a year after the former CCO was tapped to lead the BNY Mellon business.
July 20, 2020
Stimulus Alone Can't Save Economy: J.P. Morgan's KellyAdding more federal stimulus is like "pumping air into a leaky tire," he says.
July 20, 2020
Trump's Payroll Tax Cut to Be Included in Next Relief BillRepublican leaders discussed the bill with Trump in the Oval Office today. Democratic leader Schumer blasted the proposal.
July 20, 2020
SoFi Files for Its First Bond ETFTGIF is an actively traded ETF that will invest primarily in short-term corporate debt.
July 20, 2020
Inflation or Deflation: What's Next?The economy's direction will have a profound impact on how client portfolios perform in the months ahead.
July 17, 2020
Caution Is Fund Managers' Byword in July: BofA SurveyThe share of fund managers calling U.S. tech stocks the "most crowded trade" hit a record.