Economy & Markets
The important economic and stock market news that advisors need to know.
Investor Optimism Plummets to 7-Year Low: Wells Fargo
By Michael S. FischerIn a Wells Fargo Gallup poll, investors were split nearly evenly on whether they thought the worst was over in markets.
June 25, 2020
A Flight Attendant's Dilemma: Take a Pay Cut or Retire Early?Campbell Wealth Management's CEO tells ThinkAdvisor how his firm helped a client whose employer gave her a hard choice.
June 25, 2020
Asset Managers and Strategists of the Year 2020: Shining in Exceptional TimesWe spotlight Envestnet portfolio managers with strategies that produce consistently strong results.
June 24, 2020
World Economy in 2020 to Weaken More Sharply Than Forecasted: IMFThe United States' economy is expected to contract 8% in 2020 vs. an earlier estimate of 5.9%.
June 24, 2020
Overall Asset Manager of the Year: T. Rowe Price"We have one research team for high yield and loans," Massaro said. "Collaboration is a big theme," and it goes even beyond the bank loan and high yield teams. "We can tap into the collective insights from our firm's equity franchise."
June 24, 2020
Impact Asset Manager of the Year: Breckinridge Capital"We look at all that data along with the fundamentals to get a more holistic view of an issuer and see what are some potential credit risks there could be that we're not going to see in the financials."
June 24, 2020
Small/Mid-Cap Asset Manager of the Year: The London Co."We spend the majority of our time trying to analyze what can go wrong in each decision we make. We don't build feature models and try to outguess every other analyst and PM out there on growth rates and margin expansions."
June 24, 2020
DOL Proposes Limit on ESG Investments in Retirement PlansThe proposal reverses Obama-era guidelines allowing retirement plans to consider the social impact of investments.