Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Could Drop 10% in 2023: Roubini
By Craig Stirling, Sonja Wind | Flavia RotondiThis decline should happen if the global economy "starts to soften," said the economist who predicted the 2008 financial crisis.
August 31, 2023
Inflation Predictions Are Boosting Interest in This Asset ClassAt 3%, inflation tops the Fed's target and has been "a pretty big shock for many portfolios," said one investment expert.
August 30, 2023
9 Top Ways to Help Clients Invest for Retirement in 2023While more volatility is expected this year, these equity and bond strategies could be beneficial to clients.
August 30, 2023
Fidelity Clients Irate Over Website, App ProblemsOn Downdetector, clients said trading accounts showed no positions or their accounts seemed to be "hidden."
August 30, 2023
Beware of TV Economists Bearing Doomsday Forecasts: Carson's DetrickEconomists in bowties might forecast gloom, but if "credit markets aren't worried, I'm not worried," the strategist said.
August 30, 2023
Schwab, TD Ameritrade & Fidelity Sued for Selling 'Fictitious' SharesAn EV maker claims a group of brokerage firms and broker-dealers damaged the carmaker's stock price.
August 29, 2023
Citigroup Unit Pays $2.9M to Settle SEC ProbeFor a decade, the bank's broker had flawed processes in its accounting tied to the underwriting of securities offerings.
August 27, 2023
Here's What Could Cause the Next Financial CrisisThis issue has led to 43 banking and financial crises in six nations over the past 200 years, says author Richard Vague.