Economy & Markets
The important economic and stock market news that advisors need to know.
COVID-19 Pain Also Touches Higher-Income Consumers: Surveys
By Allison BellMoney may buy bootleg hand santitizer, but not necessarily tranquility.
April 03, 2020
Small Businesses Hit Bumps When Applying for Stimulus LoansBill Sweet of Ritholtz Wealth compared the Paycheck Protection Program's rollout to "the small business Fyre Festival."
April 03, 2020
On the Way: Stimulus Checks, Fourth Aid PackageSome paper checks may not reach recipients until mid-August.
April 03, 2020
The Muni Bond Market Is Getting WildThe COVID-19 pandemic is upending the ordinarily sleepy market.
April 03, 2020
Fed Helped Bond Market Stabilize: Penn Mutual AnalystMark Heppenstall has a chart showing liqudity pressure was climbing toward Great Recession levels.
April 02, 2020
First Nontransparent ETFs Start TradingThey are two equity ETFs from American Century — one growth and one value.
April 02, 2020
What RIAs Should Know About Stimulus' Paycheck Protection Loans: DeVoeAdvisors can tap the PPP, as well as express and disaster loans, to pay staff and other business costs during the COVID-19 pandemic.
April 01, 2020
The 1918 Flu Pandemic Hit GDP Hard: EconomistsThe researchers estimate the GDP reduction was equal to about three times the death rate.