Economy & Markets
The important economic and stock market news that advisors need to know.
Handicapping the Presidential Election: Amy Walter
By Bernice NapachThe national editor of The Cook Political Report offers her outlook at Morningstar's 2020 virtual annual conference.
September 16, 2020
How to Invest in Today's Low-Rates-for-Longer Bond MarketBond strategists weigh in at Morningstar's all-virtual annual conference.
September 16, 2020
Fed Signals Rates Will Stay Near Zero for at Least 3 YearsThe FOMC statement stressed goals to achieve maximum employment and inflation averaging 2% over time.
September 16, 2020
12 Best U.S. Cities for Retirement: 2020Wallethub ranked 182 cities on affordability, activities, quality of life and health care for retirees.
September 15, 2020
Raymond James to Trim Some 500 JobsThe news comes one day after Citigroup said it would cut its global workforce by about 1%.
September 15, 2020
Best Financial Strategy Before Election Is to Wait and See: Wells Fargo AnalystsIt's too soon to say what will happen on Election Day, so the best plan is to decide what investors' money goals are and plan accordingly, the firm's analysts say.
September 15, 2020
Schwab Warns of Weaker Q3 Results Due to Low Interest RatesThe firm posted a 21% rise in assets from a year ago in August but warned that low rates would pressure its net revenue.
September 15, 2020
Social Security COLA Estimated at 1.3% for 2021The official cost of living adjustment is set to be announced by the Social Security Administration on Oct. 13.