Economy & Markets
The important economic and stock market news that advisors need to know.
Morgan Stanley to Invest $10M in NY Loan Fund: Coronavirus Aid Roundup
By Jeff BermanSchwab, Jefferies and Citi are among other companies offering COVID-19 relief.
June 01, 2020
Mutual Fund Assets Bounced Back in April, but Outflows Continued: CerulliThe research firm also put a spotlight on interval funds, which can hold both liquid and illiquid assets.
June 01, 2020
Ken Fisher-Dominated Stock ETNs See $3.5B WithdrawalsWithdrawals came from leveraged equity products last week; move is probably tied to portfolio management, analyst says.
June 01, 2020
Oppenheimer Buys Muni Shop in CaliforniaThe deal should bring Oppenheimer's 1,030 financial advisors and their clients greater access to municipal bonds in the Golden State.
June 01, 2020
Gary Shilling: Recession Will Last Into 2021But stocks, unlike Treasurys, are trading as if it won't, according to the economist and investment advisor.
June 01, 2020
10 Industries Hit Hardest by COVID-19Each of these industries is grappling with a specific set of struggles, though many of their challenges are common.
June 01, 2020
BlackRock Introduces New Treasury Bond ETF: Portfolio ProductsAlso, J.P. Morgan Asset Management partners with global funds network Calastone.
May 29, 2020
Finke, Blanchett on 4% Rule: Retirement Success Is Flexibility, Not FixationRelying on a fixed withdrawal percentage is unrealistic, Michael Finke says in a ThinkAdvisor webinar.