Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Officials Say Higher Rates Needed to Reach 2% Inflation
By Rich Miller, Sam Kim & Matthew BoeslerThe Federal Open Market Committee will meet July 25-26 and is expected to resume rate increases then.
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.
July 10, 2023
BofA Stock Indicator Sees S&P 500 Surging 16%That would leave the S&P 500 trading at 4,800 by year-end, or 5,200 a year from now, Bank of America data shows.
July 10, 2023
10 Top-Performing Short-Term Bond ETFsHigh yields have made bonds particularly appealing.
July 07, 2023
Why 1966 Was the Worst Year to Retire (and Why It Matters in 2023)The difficulty experienced by retirees between 1966 and 1995 is the basis of the 4% withdrawal rule, explains Wade Pfau.
July 07, 2023
8 Reasons to Sell Company StockClients receiving stock-based compensation need your expertise and objectivity in advising on the best way to utilize it.
July 06, 2023
Stocks Swoon After Jobs Data Dashes Hopes for Rate Cut"The selloff is driven by the idea that the economy is a freight train that can't be stopped."
July 06, 2023
JPMorgan Strategist Sees Bear Market Over, Notes Stock PicksThe S&P is cheaper than it looks, says global investment strategist Elyse Ausenbaugh.