Economy & Markets
The important economic and stock market news that advisors need to know.
10% Stock Drop 'Highly Likely' Before Election: Morgan Stanley's Wilson
By Alexandra Semenova"Your likelihood of upside from now until year-end is very low," the analyst says.
July 05, 2024
Stocks Up as Jobs Report Fuels Push for Fed to 'Get on With It'Markets gained traction on news that the jobless rate hit its highest level since late 2021, which may signal a coming drop in interest rates.
July 03, 2024
6 Investing Tips for the Rest of 2024One prediction: It's not too late to jump into the stock market, despite record highs.
July 03, 2024
One Wall Street Firm Drops S&P 500 Target, Says Practice Is FutilePredicting the benchmark's performance in absolute terms seems pointless given the concentration of firms in the gauge, says a strategist.
July 03, 2024
Wall Street on Alert for Biden Exit as Trump-Win Trades MountThe Wall Street consensus is a Trump re-election resulting in a strong dollar, higher bond yields and gains in bank, health and energy stocks.
July 03, 2024
S&P 500 Closes at Record High Ahead of HolidayThe index rose to around 5,535, notching its 33rd record in 2024, on bets Fed policy easing will keep fueling Corporate America.
July 03, 2024
10 Most Livable Cities in the World: 2024The average score across the 173 cities in the Economist Intelligence Unit's global livability index increased to 76.1.
July 03, 2024
Is This Outcome Worse Than Going Broke in Retirement?It's rational for a retiree to fear running out of money, but it's also easy to miss the bigger picture.