Economy & Markets
The important economic and stock market news that advisors need to know.
15 Cities Where Retirees Are Most Reliant on Social Security
By Michael S. FischerSocial Security benefits comprise 41.7% of a retiree's total income on average. In these cities, it's even higher.
April 25, 2023
First Republic's Deposits Plunge, Stock DropsShares sank by as much as 48% Tuesday after its earnings report further dented confidence in the San Francisco-based firm.
April 25, 2023
Life Insurers' Commercial Mortgages Struggled in 2022The firm says overall performance was the worst since at least 1996.
April 24, 2023
Why El-Erian Would 'Wait and See' on StocksWhile the stock market is "comforting," the bond market is sending "conflicting signals," he said.
April 24, 2023
The Ten Commandments of Getting More ClientsThe first rule of business growth: Thou shalt have a successful prospecting strategy.
April 24, 2023
Federal Financial Watchdog Aims to Expand Its ReachFSOC says it will act before state regulators, if necessary, to fight potential threats.
April 24, 2023
Schwab Should Split From Its Bank: JPMorgan"Investors see a number of risks associated with the Schwab Bank ... ," argues analyst Kenneth Worthington.
April 21, 2023
Kitces: 4 Trends Reshaping Financial AdviceThese trends are forcing advisors to refocus on their client experience, the popular blogger says.