Economy & Markets
The important economic and stock market news that advisors need to know.
Government May Let Student Housing Owners Turn Assets to Hospital Beds
By Erika MorphyThe US has 924,000 total hospital beds and roughly 5% of those beds are in intensive care units.
March 19, 2020
NYSE Moving to All-Electronic Trading, Starting MondayEquities and options trading floors in New York will close along with an options trading floor in San Francisco.
March 18, 2020
In Coronavirus Fight, Ranking the Most and Least Aggressive StatesAs coronavirus rampages across America, some states have been more aggressive than others in addressing the crisis.
March 18, 2020
Keep Your Head During These Wild Markets: Northern TrustVolatility is high, but there are ways to leverage it, says CIO Bob Browne.
March 18, 2020
Fed Expert DiMartino Booth: Are We Heading Toward Recession — or Worse?The economy was already slowing before coronavirus, and the Fed has limited tools left, Danielle DiMartino Booth says.
March 18, 2020
Treasury Proposes to Guarantee Money Market Funds in StimulusMoney market mutual funds, which have trillions in assets, could be essential if conditions worsen.
March 18, 2020
Trump Signs Bill for Sick Leave, Free TestingThe next step, getting money to Americans, has sparked disagreement.
March 17, 2020
Gundlach Sees 90% Chance of Recession This YearBut the DoubleLine CEO is "getting less negative on the stock market."