Economy & Markets
The important economic and stock market news that advisors need to know.
How Optimistic Should We Be on U.S. Economy?
By Jeff BermanFormer Trump advisor Gary Cohn is cautiously optimistic. Private equity exec Glenn Hutchins, less so.
July 01, 2020
Model Portfolios Lost $500 Billion in Q1: BroadridgeBut their total assets were $3 trillion.
July 01, 2020
Goldman Sachs: Face Mask Mandate Could Boost U.S. GDP by 5%Analysts ran the numbers on how such a mandate could prevent further lockdowns.
July 01, 2020
FINRA Plans Fee Hikes for 2022 and BeyondThe fee increases will be phased in over several years, the regulator says.
July 01, 2020
Senate Passes PPP ExtensionThe extension runs to Aug. 8; it would have to pass the House, which had approved a year-end extension.
June 30, 2020
FINRA Elects Murray as Board ChairEileen Murray, former co-CEO of Bridgewater Associates, has held senior posts at Morgan Stanley and other firms.
June 30, 2020
Mnuchin, Senators in Talks to 'Repurpose' Unused PPP FundsThe Senate passed an extension to the program late Tuesday.
June 30, 2020
Morgan Stanley Among Adopters of New 4U Platform: Tech RoundupAlso, Advisor Group introduced Reg BI tools.