Economy & Markets
The important economic and stock market news that advisors need to know.
On the Way: Stimulus Checks, Fourth Aid Package
By Melanie WaddellSome paper checks may not reach recipients until mid-August.
April 02, 2020
First Nontransparent ETFs Start TradingThey are two equity ETFs from American Century — one growth and one value.
April 02, 2020
What RIAs Should Know About Stimulus' Paycheck Protection Loans: DeVoeAdvisors can tap the PPP, as well as express and disaster loans, to pay staff and other business costs during the COVID-19 pandemic.
April 01, 2020
The 1918 Flu Pandemic Hit GDP Hard: EconomistsThe researchers estimate the GDP reduction was equal to about three times the death rate.
April 01, 2020
Too Late to De-risk? 5 Questions to Help DecideSome clients should cut their losses while others might want to wait it out, Morningstar's Christine Benz says.
April 01, 2020
Cetera Offers Advisors Free Backup CFP ServicesThe IBD network wants advisors to have support if they become ill; it has also added other services to help clients during the pandemic.
April 01, 2020
Quarter of Millennials Bought Stocks Amid Recent Volatility: BankrateThey were more likely than investors in other generations to buy stocks, but also to sell them, Bankrate found.
April 01, 2020
Wealthy U.S. Investors and Business Owners Look Hopefully to Long TermInvestors see the coronavirus subsiding by midyear, a UBS poll finds.