Economy & Markets
The important economic and stock market news that advisors need to know.
Raymond James' Profits Fall 35% on COVID-19 Issues
By Janet LevauxPrivate client pretax income, though, rose 29% in the period ending March 31.
April 29, 2020
10 Most Painful Stock Market Crashes of All Time: MorningstarToday's coronavirus-fueled stock market turmoil may not even make a dent compared to these crashes.
April 29, 2020
U.S. Economy Shrinks at 4.8% Pace, Signaling Start of RecessionIt's the first quarterly economic contraction since 2014 and the biggest since 2008.
April 28, 2020
How the Fed's Expanded Support Can Help the Muni MarketAnalysts warn, however, that downgrades and negative outlooks could nevertheless increase.
April 28, 2020
IRS Improves 'Get My Payment' ToolUsers can now enter direct deposit info; a Spanish version will follow in a few weeks.
April 28, 2020
The IA25: VIPs for Very Uncertain TimesHere are the top industry leaders of 2020, as decided by readers of Investment Advisor.
April 27, 2020
Acting, Not Reacting, During the PandemicWe must all stop treating this like a bad dream or a very long disaster movie and insert ourselves into the plot.
April 27, 2020
Business Economists See Negative Growth, More LayoffsBut two-thirds of respondents to the NABE survey say their firms can stay afloat for the next six months.