Economy & Markets
The important economic and stock market news that advisors need to know.
Americans' Personal Savings Up 10% From 2019: Northwestern Mutual
By Michael S. FischerSavers worry about what could come next during the pandemic.
October 12, 2020
Top Raymond James Advisor: Taxes on the Wealthy Are MisunderstoodRandy Carver, a longtime fixture in Barron's rankings, comments on the Trump tax exposé and says Biden's tax plan will hurt the economy.
October 12, 2020
Private Equity Is Doubling Down on ESG Amid PandemicPurpose, responsibility and transparency are at the top of the agenda for private equity firms.
October 12, 2020
U.S. Life Insurers May Face Spike in Mortgage Loan Losses: FitchLife insurers have eased terms for borrowers that account for 9% of commercial real estate mortgage loan balances.
October 09, 2020
Most Investors Staying Put Until After Election: SurveySeven in 10 investors say Trump's COVID-19 diagnosis is neither bullish nor bearish, according to Investing.com.
October 09, 2020
Why Advisors Should Tell Clients About Income Protection NowOne reason: Look at what's happening out there with the pandemic.
October 08, 2020
Morgan Stanley CEO Goes Hunting Again With $7B Eaton Vance DealJames Gorman's two latest mega-deals are the largest carried out by any of the big banks in Wall Street's post-crisis reincarnation.
October 08, 2020
Why Morgan Stanley's $7B Eaton Vance Deal Surprised AnalystsDeal includes Parametric — which offers separately managed accounts and direct indexing — and ESG investment provider Calvert.