Economy & Markets
The important economic and stock market news that advisors need to know.
Cerulli: Assets in ETFs, Mutual Funds on Track to Tumble for 2nd Straight Month
By Jeff BermanOver $775 billion was "wiped out" of mutual fund strategies in February, the research firm says.
March 25, 2020
Vanguard Expands Digital Advisor Pilot ProgramInvestors can access the robo with $3,000 and a Vanguard brokerage account.
March 25, 2020
Congress Strikes $2 Trillion Stimulus DealThe Senate will vote Wednesday on the plan.
March 24, 2020
SEC Provides Temporary Flexibility to Funds Hurt by Coronavirus CrisisThe relief is intended to provide funds with added tools to manage portfolios, the regulator says.
March 24, 2020
Moody's Cuts Asset Managers' Outlook to NegativeThe downgrade reflects the growing economic and market upheavals caused by the COVID-19 pandemic.
March 24, 2020
Senator Sued Over Stock Sales After Virus BriefingLawsuit alleges Burr "acted as a scofflaw in a time of national crisis" by selling $1.7 million in stocks as he received private coronavirus briefings.
March 24, 2020
How Advisors Can Help Retirement Clients Weather a Market MeltdownNow is the time for advisors to prove their value and make sure they and their clients "don't do anything dumb," Cerulli's Scott Smith says.
March 24, 2020
'You Will Be Hearing a Knock on Your Door': AG Warns Coronavirus ProfiteersAttorney General William Barr says the administration is cracking down on price gouging and hoarding.