Economy & Markets
The important economic and stock market news that advisors need to know.
FINRA's Cook: 'Mission Accomplished' With CAT Database
By Melanie WaddellCook also signaled that paring back the amount of information collected via CAT may be warranted.
October 12, 2023
Here's One Way to Protect Near-Retirees From Market Shocks: Wade PfauNear-retirees with significant bond allocations can be steered off course by a rapid rise in interest rates.
October 12, 2023
Top 15 Cities for the Ultra-Wealthy: 2023The number of centimillionaires increased 12% from a year ago, according to Henley & Partners.
October 12, 2023
Social Security COLA for 2024 Set at 3.2%Even with a modest COLA for 2024, it will likely be hard for retirees to keep up with inflation.
October 11, 2023
October Crash? This Month 'Gets a Bad Rap': Carson GroupThose looking for a market tumble figure to be "quite disappointed," chief market strategist Ryan Detrick projects.
October 11, 2023
Largest Financial Firms Grapple With Worst Write-Offs in Three YearsJPMorgan, Citigroup, Wells Fargo and BofA are set to report $5.3 billion in combined third-quarter net charge-offs tied to bad loans.
October 10, 2023
At DFA, ETFs Signal End of ExclusivityBut "the real reason for Dimensional's success has always been substance, not style," Dave Nadig says.
October 10, 2023
12 Most Livable Small U.S. Cities: 2023WalletHub compared 1,321 U.S. cities with populations between 25,000 and 100,000.