Economy & Markets
The important economic and stock market news that advisors need to know.
5 Reasons Annuity Issuers Want Us to Stop Worrying
By Allison BellYes, we went through a bear market. Life insurers say they were prepared for that.
May 10, 2023
10 Retiree Costs That Have Risen Most Since 2000The cost of goods and services bought by typical retirees shot up by 141% as Social Security benefits rose 78%.
May 09, 2023
3 Tools to Manage Client Cash, Boost InterestAccounts paying up to 5% interest have many clients and advisors looking to, well, cash in.
May 09, 2023
Vanguard's Trillion-Dollar Man Leads a Fixed-Income RevolutionJosh Barrickman oversees three of the world's four largest bond funds, including the $298 billion Vanguard Total Bond Market Index Fund.
May 09, 2023
U.S. Life Insurers' Mortgage Exposure Continues to GrowBonds accounted for less of the filling inside your clients' life insurance policies and annuities.
May 09, 2023
White House, McCarthy Disavow Short-Term Debt-Limit ExtensionTreasury Secretary Janet Yellen says the U.S. could exhaust its ability to meet its obligations by June 1.
May 09, 2023
10 Recession Stocks to Buy Now: MorningstarThese profitable companies produce products with recession-proof demand, according to analysts.
May 08, 2023
Bill Gross Advises Buying T-Bills to Bet Debt-Ceiling Issues Will Be ResolvedThe former PIMCO executive also said 30% of his personal investments are in energy partnerships thanks to tax advantages and high yields.