Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Unleashes $2.3 Trillion Muni, Business Aid Plan
By Christopher Condon, Rich Miller and Craig TorresIn the Main Street Lending Facility, eligible borrowers can have up to 10,000 employees or up to $2.5 billion in revenue.
April 08, 2020
You're Guiding Your Clients Through the Virus Crisis, but What About Your Business?Now is the time for you to start figuring out how much "friction" your firm can withstand, according to DeVoe & Co.
April 08, 2020
Transamerica Introduces CARES Act Customer Support: Coronavirus Aid RoundupGoldman Sachs, First Command and Salesforce are among other companies offering COVID-19 financial relief.
April 07, 2020
How Are Yield Curves and Recessions Related? Not How You Think: Recessionomics, Pt. 1In part 1 of this 3-part analysis of recessions, we will look at the yield curve prior to each of the past seven U.S. recessions--you may find the results surprising.
April 07, 2020
4 in 5 Advisors Say Stocks Haven't Hit Bottom: SurveyMost advisors in the survey said they expected the S&P 500 to hit a new low by May 31.
April 07, 2020
Target Date Funds Not Immune to COVID-19 Selloff: MorningstarBut they performed better than they did during 2008 financial crisis, the firm says.
April 07, 2020
Jeremy Siegel Predicts 'Booming Economy' After Coronavirus Crisis EndsIt may even lead to 4-5% inflation next year, he forecasts.
April 07, 2020
Stimulus Options to Help Small Business, Employees Stay AfloatThe CARES Act provides a fresh batch of aid, including help for small businesses and employees.