Economy & Markets
The important economic and stock market news that advisors need to know.
Jeremy Siegel: Congress May Compromise on State COVID-19 Aid
By Jeff BermanIt is a "delicate question about funds to states and cities," Siegel said.
May 12, 2020
IRS: 6 Reasons a Stimulus Check Could Be Less Than ExpectedIf your clients are disappointed with their Economic Impact Payment, they may fall into one of these categories.
May 12, 2020
Investors Are Dumping Stocks for Bonds as Fed Buying BeginsIt's the "follow the Fed" mantra in action.
May 11, 2020
BlackRock Says PNC Selling Stake, Plans $1B BuybackThe news ends speculation over how long the financial services group would keep its 22% stake in the asset manager.
May 11, 2020
Try This When Consoling Clients About Investment LossesA new Vanguard analysis contrasting short- and long-term performance could be seen as a template.
May 11, 2020
3 Clients Wanted to Cash Out. Their Advisor Talked Them Down.Miye Wire tells ThinkAdvisor how she calmed a young couple and a pre-retiree when COVID-19 threatened their portfolios.
May 11, 2020
Ken Dychtwald: Pandemic Will Force Big Changes in Retirement PlanningThe Age Wave founder tells ThinkAdvisor why the coronavirus is a wake-up call and why many retirees distrust advisors.
May 11, 2020
MassMutual Teams With NextCapital on Retirement Solution: Tech RoundupAlso, Envestnet MoneyGuide enhances its client portal.