Economy & Markets
The important economic and stock market news that advisors need to know.
Morgan Stanley Sees Just Half of Staff in Offices by Year-End
By Janet LevauxCEO James Gorman also discusses diversity, management pay cuts and business in China at virtual shareholder meeting.
May 21, 2020
Fund Managers Fear Second Coronavirus Wave: BofA SurveyFund managers' cash allocation remains high, the monthly survey finds.
May 21, 2020
ESG-Focused Funds Are Outperforming During PandemicAn S&P Global report also explains how the pandemic is increasing demand for these funds.
May 21, 2020
Sen. Rubio Wants to Press Forward With Small-Business Loan ExtensionRepublicans and Democrats alike have heard from business owners worried about running out of money to pay their employees.
May 21, 2020
Morgan Stanley to Open Wealth Unit in CanadaThe new business aims to build on the firm's current Shareworks stock-plan administrative services.
May 20, 2020
The Best Ways to Build a Flexible OfficeShould advisory firms bring staff back to the office or stay virtual? And how do you make new arrangements succeed?
May 20, 2020
Reasons to Be Wary About the Stock Market RecoverySchwab strategists Jeffrey Kleintop, Liz Ann Sonders and Kathy Jones explain.
May 20, 2020
Can Interactive Brokers' New Fund Marketplace Lure RIAs?There are 47 other RIA wealth platforms, consultant Craig Iskowitz says. Can Interactive Brokers break out from the pack?