Economy & Markets
The important economic and stock market news that advisors need to know.
Dave Ramsey's 8% Withdrawal Advice Could Lead to Ruin: Peter Mallouk
By Dinah Wisenberg BrinTaking 8% a year from an all-stock portfolio would have drained holdings for many retirees, Mallouk noted.
December 08, 2023
9 Questions You'll Get at Holiday Parties in 2023After a few drinks, people might start asking you about markets, investments or becoming a client.
December 08, 2023
Americans Resolve to Approach Money Differently in 2024The top three financial goals remain the same as last year, the study found.
December 08, 2023
Jeffrey Gundlach: 10 Market, Economic Predictions for 2024A recession looms as debt soars and public trust nears all-time lows, the DoubleLine CEO says.
December 07, 2023
Alger Lost Its CEO on 9/11. Dan Chung Stepped Up.Chung, now CEO, rebuilt the growth-investing boutique by recognizing talent and complementing weaknesses (his own).
December 07, 2023
Treasury Rally on Fed Bets Is Just Getting Started: BofAThe bank forecasts the benchmark yield to end next year at 4.25%, not too far off current levels.
December 07, 2023
GMO's $8B Fund Is Beating S&P 500One Grantham fund is up roughly 25% even though it avoided two of the benchmark's biggest gainers: Nvidia and Tesla.
December 07, 2023
21 Best-Paying Jobs for College Business Majors: 2023Financial advisor is one of the most well-compensated business jobs at mid-career, according to Payscale.