Economy & Markets
The important economic and stock market news that advisors need to know.
RIA Deals Surged to Near Record in Q1: Echelon
By Michael S. FischerThe 90 announced transactions represented a year-over-year increase of 20%, a new report says.
April 19, 2024
10 Industries With Worst Performing 401(k) PlansThere are dramatic differences when it comes to average account balances, participation rates and other metrics.
April 19, 2024
Fed's Powell Rethinks Rate Cuts in 2024Facing tough inflation data, the Federal Reserve chair's lack of urgency to adjust rates echoes that of his colleagues.
April 19, 2024
'Mag 7' Get Crushed to Lead Losses in StocksThe S&P 500 fell below 5,000, following hawkish Fedspeak, a flare-up in inflation and tensions in the Middle East.
April 19, 2024
Gary Shilling: Sky-High Stock Prices a Cause for WorryThe S&P 500 would have to fall 50% to reach its average under a key measure, the economist said.
April 19, 2024
Buying This Dip Is Better Than Cash: BNY Mellon Wealth CIOSinead Colton Grant expects the rally to broaden based on strong earnings growth and economic momentum.
April 19, 2024
15 Top Wealth-Destroying Stocks of the Past 10 Years: MorningstarThese market laggards torched an estimated $281.2 billion in shareholder money, portfolio strategist Amy Arnott writes.
April 18, 2024
A Financial Planning Checklist, From Age 20 to 70 and BeyondHere are some benchmarks to keep clients' retirement, estate and long-term care planning on track.