Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Wants Presidents to Have Some Say Over Interest Rates
By Josh Wingrove and Nancy CookChair Jerome Powell has pledged not to let political pressure influence decision making at the Fed.
August 09, 2024
Buy the Dip: 7 Ways to Take Advantage of Market DropsWith appropriate guardrails, a market drop can be a good time to buy into certain investments.
August 08, 2024
New Retirement Income Model Shows Who's at Highest RiskCertain demographic groups are at more risk of falling short than others, a new Morningstar analysis finds.
August 08, 2024
'Silver Wave' Isn't the Only Factor Boosting AnnuitiesLIMRA projects an increase in annual annuity sales to as much as $378 billion, Principal's Sri Reddy says.
August 08, 2024
Bullish Advisor Sentiment Collides With Market VolatilityIn a recent survey, only 9% of respondents said they expected a correction, though volatility concerns ran high.
August 07, 2024
Dimon Says He's Skeptical Inflation Will Return to Fed's 2% TargetThe head of JPMorgan has been warning for more than a year that inflation may be stickier than investors expect.
August 06, 2024
Only a Quarter of Americans Expect to Leave an InheritanceMeanwhile, about 32% of millennials and 38% of Gen Zers expect to receive an inheritance, Northwestern Mutual found.
August 06, 2024
Goldman Says Buying S&P After 5% Drop Is Usually ProfitableReturns after a 5% decline have been positive in 84% of episodes, the research shows.