Economy & Markets
The important economic and stock market news that advisors need to know.
Mutual Fund, ETF Assets Ravaged by Double-Digit Declines in March: Cerulli
By Michael S. FischerInvestors pumped $685 billion into money market funds, bringing assets to $4.3 trillion.
May 04, 2020
Buffett Speaks Out on Missing Blockbuster DealsThe leader of Berkshire Hathaway, which has $137 billion in cash, says the range of economic possibilities now is "extraordinarily wide."
May 04, 2020
Harry Dent Predicted 'Once-in-a-Lifetime' Crash by 2020. What Now?The lift in stocks isn't going to last, the "Contrarian's Contrarian" tells ThinkAdvisor.
May 04, 2020
Schwab Is Making Changes to U.S. REIT ETF: Portfolio ProductsAlso, Matthews Asia has launched an Emerging Markets Equity Fund, its first strategy to invest in broad emerging markets.
May 04, 2020
How Can Another Firm's Dissatisfied Client Become My Client?Recent market turmoil has some investors rethinking their advisory relationships or their decision to invest on their own.
May 01, 2020
IRS Says No Double Tax Benefits From PPP LoansNew guidance from the IRS explains tax consequences of PPP loans that are forgiven.
May 01, 2020
How Wealthy Investors Around the World View the Markets NowUBS asked them how confident they were in stocks and when they thought the worst of the coronavirus crisis would be over.
May 01, 2020
How the CARES Act Helps Mortgage HoldersBut not all homeowners can access this relief, the GAO says.