Economy & Markets
The important economic and stock market news that advisors need to know.
Jeffrey Gundlach: Powell's Relaxed Aura Overshadows Tough Talk
By Dinah Wisenberg BrinThe market could get overvalued in a couple of months, Gundlach cautioned.
February 02, 2023
NYSE Glitch Caught Up in Fight Over SEC Rewrite of Trading RulesSchwab and Robinhood say the incident was a reason for concern and an argument against exchange-run auctions.
February 02, 2023
Why Wealth Taxes Have Always Been a Terrible IdeaA 1% or 2% wealth tax may sound small, but it's actually very large compared with current tax rates.
February 01, 2023
Gary Shilling: 30% Stock Drop Is ComingThe bulk of the decline will occur this year as the unfolding recession decimates corporate earnings, Shilling wrote.
February 01, 2023
17 Best International Stocks and ETFs for 2023: MorningstarHere are 10 international stocks and seven ETFs worth a look, according to the research firm.
February 01, 2023
Fed Slows Rate Hikes, Signals Further Increases Are ComingThe target for the benchmark rate was raised by a quarter percentage point to a range of 4.5% to 4.75%.
January 31, 2023
Investors Burned in NYSE Trading Chaos Demand CompensationOnce the NYSE determines how much it has to cover the claims, the amount will be divided proportionally, according to sources with knowledge of the matter.
January 31, 2023
Investors Still Bearish, but With Glimmer of Hope: Morgan StanleyHalf of survey respondents say the Fed will be able to steer the economy to a soft landing.