Economy & Markets
The important economic and stock market news that advisors need to know.
Bill Gross Scoops up Regional Bank Stocks
By Ye XiePIMCO's former CIO has bought shares of Western Alliance, Synovus Financial, PacWest Bancorp and the SPDR S&P Regional Banking ETF.
April 20, 2023
How Rich Is the Supreme Court?Based on 2021 financial disclosures, at least six of the Supreme Court justices are multimillionaires.
April 20, 2023
12 Most Dynamic Metro Areas in the U.S.: 2023Not all of these thriving communities rely on big tech companies or major research universities.
April 19, 2023
Speaker McCarthy Proposes $1.5T Debt-Limit IncreaseHis bill also contains a host of conservative proposals that are non-starters with Democrats.
April 19, 2023
Downturn Like 2008, or Worse, Is Coming: Steph PomboyThe idea of a soft landing is "absolutely laughable," the economist says.
April 18, 2023
Buy Stocks. Do Nothing. Profit.This approach beat the S&P 500 over decades on a risk-adjusted basis, Morningstar research finds.
April 18, 2023
8 Reasons to Avoid a Roth ConversionWhile generally a useful and popular strategy, Roth conversions aren't always appropriate, Ed Slott and Jeff Levine say.
April 18, 2023
ChatGPT Can Predict Stock Moves From HeadlinesAnswers given by ChatGPT about stock predictions, show a statistical link between share movement and news' implications.