Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Pledges Broad Tax Cuts in Election Push
By Ranjeetha Pakiam, Laura Davison & Hadriana LowenkronBiden plans to end tax cuts that benefit wealthy households and would raise levies on them, too.
May 09, 2024
World's Top 15 Cities for Millionaires: 2024The number of millionaires in New York rose 48% in a decade; in Beijing, it nearly doubled.
May 07, 2024
8 Positive Findings Hiding in the Social Security Trustees ReportThe big picture is admittedly bleak, but there are also bright spots in the new yearly projections.
May 07, 2024
'Good Reasons' Behind Markets' Recent Rise: Jeremy SiegelFed comments and government data offered cause for relief, the WisdomTree economist wrote.
May 07, 2024
Bill Gross Says 'Total Return' Strategy He Pioneered Is 'Dead'Yields today are much lower than when he first coined the concept at PIMCO.
May 06, 2024
Social Security Retirement Fund Will Run Dry in 2033: Trustees ReportThere are bright spots in the new projections, but the news remains troubling, Social Security experts say.
May 06, 2024
Is the 4% Rule Too Safe?While rules of thumb aren't optimal, I think 5% is a more realistic starting point for typical retirees.
May 06, 2024
8 Trends in the Art MarketA recent Bank of America report provides some talking points for advisors helping clients navigate this alternative investment.