Economy & Markets
The important economic and stock market news that advisors need to know.
'Peak Pessimism' in Markets Is Over, but Hope Is Fragile: BofA Survey
By Michael S. FischerGlobal fund managers' cash levels experienced the biggest drop in June since August 2009, BofA Global Research reported.
June 15, 2020
Stock Investors' Optimism FaltersThe market appears to be facing a "reality check" as COVID-19 cases rise in China and parts of the U.S.
June 15, 2020
Franklin Templeton Adds Active ETF Offerings: Portfolio ProductsAlso, AQR introduces a new mutual fund.
June 12, 2020
Impact Investors Optimistic Amid Pandemic: SurveyNearly 90% of investors said their investments had met financial and impact expectations, GIIN reports.
June 12, 2020
56% of Businesses Sought PPP Loans: AICPA SurveyThe program is supporting "more than 75% of the small-business payroll in all 50 states," Treasury Secretary Steven Mnuchin said.
June 12, 2020
Prep Your Practice Now for Future Market VolatilityIn the coming decade, potential clients will ask how you responded to the turmoil surrounding this pandemic.
June 11, 2020
How an Advisor Saved a Winemaker From Disappointing His WorkersKarin Alvarado of New Aspect Financial Services also tells ThinkAdvisor about helping a foster care facility avoid layoffs.
June 11, 2020
Self-Directed 401(k) Balances Down 14% in Q1: SchwabMeanwhile, fractional shares are now available in Schwab brokerage accounts.