Economy & Markets
The important economic and stock market news that advisors need to know.
One of the Last Big Bears on Wall Street Turns Bullish on Stocks
By Farah ElbahrawyMorgan Stanley's Michael Wilson now sees the S&P 500 rising 2% by June 2025, a big shift from his earlier bearish view.
May 16, 2024
7 Ways High Inflation Hurts Older Workers and RetireesSome of the harms are tied to misguided investor reactions, according to the Center for Retirement Research.
May 16, 2024
Most Americans Lack Confidence in Managing Inheritance Alone: SurveySixty-one percent of respondents said they would use a financial advisor if they received a large sum.
May 16, 2024
Dow Trades Near Historic 40,000 MarkThe oldest of the three main stock indexes is rising on prospects of a resilient economy, ebbing inflation and robust earnings.
May 16, 2024
Buffett's Berkshire Reveals $6.7B Stake in Insurer ChubbThe conglomerate has been building the stake since 2023, and the SEC allowed Berkshire keep it confidential.
May 16, 2024
12 Worst States for Financial StabilityIn some areas, up to 46% of Americans struggle to pay for essentials, according to the Census Bureau.
May 15, 2024
Social Security COLA Estimate for 2025 Climbs Again to 3.2%Prices rose 3.4% from 12 months ago, new CPI data shows.
May 15, 2024
The 20 Best Stocks to Buy: MorningstarThese companies have solid competitive advantages and are expected to outearn their costs of capital for at least 20 years.