Economy & Markets
The important economic and stock market news that advisors need to know.
GMO's Montier Doesn't Buy This Stock Rally
By Bernice NapachPopular explanations for the apparent market recovery don't add up, he says.
August 19, 2020
What's a Pro Sports Coach to Do in a Pandemic? Talk to an Advisor, of CourseHarman Wealth Management's managing director told ThinkAdvisor about working with MLB and NFL coaches — and another client whose needs went beyond financial planning.
August 19, 2020
Fund Managers Are Most Bullish Since February: BofAThe same day the finding was released, the S&P 500 closed at an all-time high.
August 18, 2020
Fractional Shares Are Helping to Drive Increased TradingShares of in-demand but high-priced stocks like Amazon are no longer out of reach, financial industry executives say.
August 17, 2020
Postal Service Crisis Could Lead to Next Stimulus Bill: Valliere"Several Democrats said this weekend that postal funding could be wrapped into a bigger package," Valliere said.
August 17, 2020
VanEck Model Portfolios Join Envestnet Platform: Portfolio ProductsAlso, Schwab reorganizes a high-yield municipal fund.
August 14, 2020
Mortgage Refinancing Rates Heading HigherThey will soon reflect an additional 0.50% fee that Fannie Mae and Freddie Mac are imposing on refis.
August 14, 2020
Low Rates Aren't Going Anywhere. Here's What That Means for Retirement Planning.I've got some bad news for you about the historical trend — and some advice on what you can do about it.