Economic historians quibble over the exact consequences of the Black Death, though they agree that the sudden depopulation had a dis-inflationary impact.
The House of Representatives approved the third phase of the rushed stimulus package. Advisors are poring over the details. Here are some of their immediate reactions.
Recruiting has slowed down at the IBD, due to social distancing and remote working. But the firm has stepped up its virtual capabilities to continue attracting new advisors.
Current market conditions are expected to hit some broker/dealers hard, according to Moody’s, with the ratings agency lowering its outlook on Advisor Group, Cetera and LPL. Raymond James remains stable.
As everyone continues to safeguard their health and well-being, it is also important to think about what your portfolio and financial future will look like once this unprecedented global event has dissipated.