Economy & Markets
The important economic and stock market news that advisors need to know.
JPMorgan's Kelly: Welcome to the 'Back Roads of the Economy'
By Jeff BermanRecovery is starting quickly as states reopen, but the journey gets bumpier from here, Kelly and fellow strategist David Lebovitz warn.
July 02, 2020
Active Funds' Ability to Beat Passive in Downturns 'Is a Myth': Morningstar"People want to believe," says Ben Johnson, Morningstar's director of global ETF research.
July 02, 2020
How Optimistic Should We Be on U.S. Economy?Former Trump advisor Gary Cohn is cautiously optimistic. Private equity exec Glenn Hutchins, less so.
July 02, 2020
Brokers Holding Off on the Leap to Independence: TD AmeritradeWhile the pandemic has slowed independence moves, the motivations to transition remain strong, TD Ameritrade Institutional reports.
July 01, 2020
House Approves PPP ExtensionMembers of both parties are demanding more details on how the funds have been spent so far.
July 01, 2020
Model Portfolios Lost $500 Billion in Q1: BroadridgeBut their total assets were $3 trillion.
July 01, 2020
Goldman Sachs: Face Mask Mandate Could Boost U.S. GDP by 5%Analysts ran the numbers on how such a mandate could prevent further lockdowns.
July 01, 2020
FINRA Plans Fee Hikes for 2022 and BeyondThe fee increases will be phased in over several years, the regulator says.