Economy & Markets
The important economic and stock market news that advisors need to know.
All Eyes on China-U.S. Trade War Outcome in 2020
By Jeff BermanGlobal economic growth and equity performance will be tied to comprehensive trade deals, fiscal stimulus and more, analysts say.
December 27, 2019
Crucial Tax Deadline Looms for Opportunity Zone Fund InvestorsIn addition, the IRS has just finalized more flexible opportunity zone regulations.
December 27, 2019
Banks Set for Biggest Job Cuts Since '15 as Morgan Stanley Drops AxeMore than 50 lenders have announced plans to trim some 77,780 jobs, the most since 91,448 four years ago.
December 26, 2019
DFA Cuts Management Fees on 77 FundsThe cuts, ranging from 1 to 8 basis points, take effect Feb. 28.
December 26, 2019
How Advisors Could Save Their Clients Thousands on a Home LoanConsultant James Deitch tells ThinkAdvisor how, thanks to automation, advisors can cut loan officers out of the picture.
December 23, 2019
10 Charitable Giving FAQs You Should KnowAs the year winds down, make sure you (and your clients) know the difference between a charitable remainder annuity trust and a charitable gift annuity — among other concerns.
December 23, 2019
Auto Loan Rejection Rate Nearly Doubles in 2019: Fed SurveyApplication rates for auto loans decline by 3% while mortgage application rates climb by nearly 2%.
December 23, 2019
Slower U.S. Growth Expected in 2020But experts cited a ramped-up trade war or election victory by Warren or Sanders as potential black swans that could precipitate recession.