Economy & Markets
The important economic and stock market news that advisors need to know.
3 Post-Election Scenarios for Investors to Prep for: UBS
By Michael S. FischerUBS provided insights on readying portfolios for some possible election outcomes.
September 02, 2020
CBO Cuts Forecast for Social Security Fund Life Span, Sees Debt Topping GDP in 2021The latest CBO projections reflect the carnage the pandemic is inflicting on the economy.
September 02, 2020
Wealthfront's New Autopilot Service More Competitive With Banks Than AdvisorsThe service automatically transfers clients' funds from savings and checking into investments.
August 31, 2020
Transamerica Cuts Fees on 26 Share Classes of Active Funds, Variable AnnuitiesThis is the second set of fee cuts for Transamerica funds this year.
August 31, 2020
Active Equity Fund Investors Beat Indexers in Q2: DalbarThey withdrew less and invested more on a net basis compared to their passive fund counterparts.
August 31, 2020
Glitches Plague TD Ameritrade, Schwab, Vanguard and Other Trading SitesThe outages, slowness and trading difficulties came as Apple and Tesla split shares; the brokerage firms said the issues were resolved later on Monday.
August 31, 2020
Robinhood's Dark Side: Irate Traders, U.S. ProbeOver the first half of 2020, consumer protection agencies received 400-plus complaints about Robinhood -- roughly four times more than rivals like Schwab and Fidelity.
August 31, 2020
Direxion Introduces Connected Consumer ETF: Portfolio ProductsAlso, T. Rowe Price is changing the strategy of its long-term U.S. Treasury fund from active to passive.