Economy & Markets
The important economic and stock market news that advisors need to know.
Social Security COLA Estimated at 2.7% for 2024 as Inflation Cools
By John ManganaroThe estimated benefit increase reflects price growth of 0.1% in May and 4% from a year ago.
June 12, 2023
Real Bull Market or Just a Bear Rally? Depends Whom You AskIt's a maybe, says Stephanie Link, chief investment strategist at Hightower Advisors.
June 12, 2023
S&P 500 Advances Toward Highest Since April 2022While the advance in the S&P 500 was mild, it was enough to drive the gauge above 4,300.
June 12, 2023
15 People Who Can Supercharge Your Social NetworkThese people may not be wealthy, but knowing them can lead to introductions to people you want to meet.
June 12, 2023
Morgan Stanley, Goldman at Odds on S&P 500's Bull Market Rally"More are declaring the bear market officially over; we respectfully disagree due to our 2023 earnings forecast," said Morgan Stanley's Michael Wilson.
June 09, 2023
The Bull Market Is Back. What Now?Stock strength is moving beyond tech, but will it last? Schwab's Liz Ann Sonders and others weigh in.
June 08, 2023
Yale Prof: Why Wealthy Clients Chase Performance; What Personal Finance Gurus Get RightJames Choi discusses his studies on how millionaires invest and how popular authors' advice stacks up against professors'.
June 08, 2023
Market Can End the Year 'Modestly Higher': Raymond James CIOA mild recession could actually cause investor sentiment to "shift in a positive way," Larry Adam tells ThinkAdvisor.