Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Tumble, Bonds Surge on Virus Fears
By Randall Jensen and Vildana Hajric"Once things get to this point, it normally takes a few weeks for things to settle down," said Michael Shaoul, CEO of Marketfield Asset Management.
March 04, 2020
'Year of the Election' Has Become 'Year of the Virus': J.P. Morgan's Kelly"The whole point is that there isn't an easy playbook," the global strategist said.
March 04, 2020
Self-Directed Investors Finished 2019 on a High Note: SchwabThe average Personal Choice Retirement Account size rose 19% in 2019, Schwab reports.
March 03, 2020
Vanguard Announces Dramatic Changes to Managed Payout FundThe fund, which failed to gain much in assets, is replacing monthly payouts with an annual distribution.
March 03, 2020
Fed's Surprise Rate Cut Fails to Calm MarketsThe surprise rate cut comes before the central bank's next scheduled policy meeting.
March 02, 2020
Gender Gap Among Fund Managers Hasn't Changed in 20 YearsIn the U.S. the gap has widened, according to Morningstar.
March 02, 2020
6 Quick Facts About the Presidential Candidates' Personal FinancesHow much real estate does Trump own? How much does Biden make on speeches? WalletHub checked out their financial disclosures.
March 02, 2020
Coronavirus Creating Volatility but Also Buying Opportunities: State StreetExec from the giant asset manager told ThinkAdvisor where some of the money is moving.