Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Plunge, Havens Jump on Mounting Coronavirus Fears
By Vildana Hajric and Todd WhiteThe three main U.S. stock benchmarks all opened more than 3% lower as the virus continued to spread outside China.
February 20, 2020
What Morgan Stanley's E-Trade Deal Means for RIAsBlogger Michael Kitces, Dynasty CEO Shirl Penney and others industry VIPs talk about the deal's implications.
February 20, 2020
ESG Investing Doesn't Mean Avoiding Traditional Index FundsA growing number of large passive asset managers are voting in favor of ESG-related shareholder proposals.
February 19, 2020
Fund Managers' Bullishness Tapers Off in February: BofA SurveyCoronavirus fears cut into growth estimates and lead to first drop in fund manager expectations since last October.
February 18, 2020
Coronavirus Lowering Global Growth Expectations, Hurting MarketsOne notable aspect of recent outlook revisions is the utter uncertainty about what happens if the virus is not contained.
February 18, 2020
Byron Wien Is Betting $1M on These 10 Market 'Surprises' Happening in 2020Wien, of Blackstone Group, tells ThinkAdvisor what's on his annual list of not-so-popular, but often correct, predictions.
February 18, 2020
SEC Aims to Shake Up Exchanges' Market Data DominationIn effect, its proposal would replace the "exclusive" model with a decentralized model of "competing consolidators."
February 18, 2020
Franklin to Buy Legg Mason in $4.5B DealCombined, the two asset managers should have about $1.5 trillion in assets under management.