Fresh information regarding the novel coronavirus outbreak is emerging as quickly as the disease is spreading. With each passing day there are
new discoveries regarding the behavior of the virus and how the infection is transmitted.
A Goldman Sachs equity analyst says LPL’s pure-play brokerage model will fare better in the market volatility than Raymond James’, which relies on investment banking and capital markets.
Advisors are putting sidelined money into equities, reallocating assets in line with models, and taking money out of the stock market, according to a recent live poll conducted by FlexShares.
Due to the economic shutdown, jobless claims could soar to 2 million-plus. A way to offset the pain? Quick cash payments to small businesses, says ClearBridge's Jeff Schulze.
