Economy & Markets
The important economic and stock market news that advisors need to know.
BofA Freezes Most Hiring
By Katherine Doherty and Marion HalftermeyerThe bank will hold off on adding new workers in some business units until at least mid-year or signs of an economic turnaround.
January 17, 2023
12 Best States to Start a BusinessAccess to financing, skilled workers and affordable office space can help new ventures launch and thrive.
January 13, 2023
How Advisors Can 'Recession-Proof' Portfolios in 2023As the new year brings continued market volatility, advisors should be proactively exploring how to protect client assets.
January 13, 2023
10 Most Overvalued Stocks in 2023A wide range of sectors were represented, with energy stocks taking multiple spots among the most overvalued.
January 13, 2023
'Trifecta of Bullishness' Could Bode Well for Stocks in 2023: StrategistTwo positive events in the trifecta have already happened and the third looks likely, Carson's Ryan Detrick says.
January 13, 2023
Athene COO Sees Non-Variable Annuity Sales Boom ContinuingMike Downing says that contract sales have been great, and that investors are ready to buy more.
January 13, 2023
JPMorgan, BofA Show Gains in Headcount as Wells Fargo's DropsDespite layoffs across the finance industry, there were no signs of staffing pullbacks at two large banks.
January 12, 2023
Stocks Have Running Room as Optimism Emerges: Josh BrownOngoing evidence that inflation is cooling should give stocks more room, the Ritholtz Wealth Management CEO suggested.