Economy & Markets
The important economic and stock market news that advisors need to know.
Have Big Social Security COLAs Sparked a Retirement Spending Spree?
By John ManganaroOlder Americans' spending is growing faster than younger Americans', but Social Security is only part of the story.
June 12, 2023
AI Hype Starting to 'Smell Like Dot-Com Era': Investment VeteranNvidia, for instance, is up nearly 30% since late May and more than 160% this year — helping the Nasdaq add a third to its value.
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'.