Economy & Markets
The important economic and stock market news that advisors need to know.
How Fed Intervention Has Saved, but Distorted, the Bond Market
By Bernice NapachStrategists weigh in on the challenges created for investors.
April 15, 2020
Schwab Profits Fall 18% on COVID-19 Costs, Weaker Net InterestThe brokerage firm says it spent $37 million in its acquisition efforts, including USAA and TD Ameritrade.
April 15, 2020
Bob Doll's 10 (Mostly New) Predictions for 2020The Nuveen strategist has rethought the annual forecast he issued in January.
April 15, 2020
IRS' New 'Get My Payment' Tool Frustrates UsersThe new tool was designed to let Americans check on the status of their Economic Impact Payments.
April 15, 2020
Senate Democrats Call for $30 Billion to Boost COVID-19 TestingWidespread testing is crucial to reopening the economy, the senators say.
April 14, 2020
How Advisors are Handling the Challenge of COVID-19A study from Practical Perspectives describes a deliberate calm among advisors despite some clients' worries.
April 14, 2020
Small-Business Loan Funds Could Run Out by ThursdayNegotiations in Congress to replenish the money remain stalled.
April 14, 2020
RIA Channel Growth Soaring as More Advisors Break AwayMost employee advisors who want to switch firms say they would prefer to go indie, Cerulli reports.