Economy & Markets
The important economic and stock market news that advisors need to know.
Biden Signs Debt-Limit Deal Into Law, Halting Default Risk
By Jordan FabianThe measure limits federal spending for two years and suspends the debt ceiling through the 2024 election.
June 02, 2023
New Bull Market Might Be Underway: FidelityEach decent earnings season makes a new bull market more likely, says Fidelity researcher Jurrien Timmer.
June 02, 2023
Stock Melt-Up Drives S&P 500 to Brink of Bull RunAn advance of about 1.5% for the S&P 500 Friday extended the benchmark's surge from its October low to roughly 20%.
June 02, 2023
Suze Orman: 'People Are So Scared Right Now'The bestselling author tells ThinkAdvisor why emergency savings are crucial and why she sold most of her stocks.
June 02, 2023
Debt-Limit Deal Clears Congress, Ending Default ThreatThe 63-36 Senate vote on the bill was carried by moderates in both parties, many of whom aired their misgivings about parts of the deal.
June 01, 2023
S&P 500 Now Up 10% This Year With Big Tech Rally"Investors will need to be quite careful, and extremely nimble, after these recent parabolic advances," said Matt Maley of Miller Tabak.
June 01, 2023
10 Best Stocks to Buy Now: MorningstarWhen bad things happen to otherwise stable, well-run companies, a buying opportunity arises.
June 01, 2023
U.S. Heading From Retirement 'Crisis' to Retirement 'Catastrophe': AllianzMarket volatility and recurring financial crises are making the already difficult process of retirement planning even more challenging.