Economy & Markets
The important economic and stock market news that advisors need to know.
Best Bond Return Potential in 14 Years: PIMCO
By Allison McNeelyInvestors can get equity-like returns by investing in short-term publicly traded bonds with yields of 6% to 8%, executives of the bond shop say.
June 05, 2023
12 States With the Best Economies: 2023WalletHub ranked the states on measures like employment, GDP growth and entrepreneurship.
June 05, 2023
Morgan Stanley Expects This Shock to Kill RallyThe bank's bearish predictions contrast sharply with forecasts from Goldman Sachs and others.
June 03, 2023
Biden Signs Debt-Limit Deal Into Law, Halting Default RiskThe measure limits federal spending for two years and suspends the debt ceiling through the 2024 election.
June 02, 2023
12 Most Affordable Big Cities to Buy a Home: 2023WalletHub ranked 300 U.S. cities using factors like home prices, taxes and vacancy rates.
June 02, 2023
GMO's Inker Busts a Recession Investing MythDespite a common narrative, recessions aren't a big problem for stocks deeply discounted to company fundamentals, Inker wrote.
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%.