Economy & Markets
The important economic and stock market news that advisors need to know.
IRS Improves 'Get My Payment' Tool
By Jeff BermanUsers can now enter direct deposit info; a Spanish version will follow in a few weeks.
April 27, 2020
Business Economists See Negative Growth, More LayoffsBut two-thirds of respondents to the NABE survey say their firms can stay afloat for the next six months.
April 27, 2020
Gerald Celente: State Lockdowns Are a Destructive MistakeThe controversial forecaster tells ThinkAdvisor why he thinks "the worst is yet to come" in the virus' economic fallout.
April 27, 2020
Retirement Savers Kept Saving in Q1: FidelityIRA openings increased 36% in Q1, Fidelity reports.
April 24, 2020
The CBO's Devastating Economic Outlook for 2020It projects a 5.6% decline in GDP and double-digit jobless rates this year.
April 24, 2020
Robert Shiller: Why Investors Are Comparing COVID-19 to the Great Depression"This pandemic is generating a lot of scary narratives" that affect investors' behavior, the Nobel prize-winning economist says.
April 24, 2020
Kotlikoff Weighs In: Should Cash-Strapped Seniors Claim Social Security Early?The economist and Social Security expert talks to ThinkAdvisor about the best ways to get cash now and how to reopen the economy.
April 24, 2020
Fed Ends Limits on Withdrawals and Transfers From Savings AccountsThe new interim final rule gives depositors greater access to funds they may urgently need now.