Economy & Markets
The important economic and stock market news that advisors need to know.
S&P 500 on Track to Hit Record High Before Year-End: Goldman
By Lu WangAnd Ed Yardeni, an early cheerleader of this bull run with a year-end target of 4,600, says he may raise his forecast to 4,800.
July 11, 2023
Taxable Accounts Are Wrong for These Holdings: Christine BenzFixing an "asset location" problem can be tricky, according to the Morningstar columnist.
July 11, 2023
33 Undervalued Stocks for Q3: MorningstarThe stock market finished the second quarter up more than 8%, but there are still deals to be had.
July 11, 2023
No, Social Security Shouldn't Invest in Stocks: ResearchersExperts say there are strong arguments on both sides, but the bigger concern is whether it's too late.
July 10, 2023
Fed Officials Say Higher Rates Needed to Reach 2% InflationThe Federal Open Market Committee will meet July 25-26 and is expected to resume rate increases then.
July 10, 2023
1 in 6 Asset, Wealth Managers Likely Gone by 2027: PwCAccording to the survey, 73% of asset managers are considering a strategic consolidation with another asset manager.
July 10, 2023
Bob Doll Warns Against Chasing the Stock Rally"At this point ... we value capital preservation over return maximization as a portfolio goal," the CIO said.
July 10, 2023
IRS Issues New Guidance on Stock Buyback TaxCorporations do not yet have to pay the tax but should keep records, the IRS confirmed.