Economy & Markets
The important economic and stock market news that advisors need to know.
8 New Stats on How Retirement Savers Have Fared in Rocky Markets
By John ManganaroAverage IRA balances are down nearly 25% from a year ago, Fidelity found.
November 16, 2022
Bear Market May Have Hit Low: Josh BrownA forecast for inflation to drop by half in 2023 would be good for most market areas, Brown said.
November 15, 2022
17 Firms With Big Layoffs in 2022The tech industry shed 9,587 jobs in October, the highest monthly total since November 2020.
November 15, 2022
Stocks Soar on Cool Inflation Reading, but Does This Rally Have Staying Power?The October CPI report was a glimmer of hope, but we might not be out of the woods yet.
November 15, 2022
20 Worst States for Excess Q3 Working-Age MortalityBy pre-pandemic standards, the number of deaths of people ages 25 through 64 is still very high.
November 15, 2022
12 Most Expensive U.S. ZIP CodesMedian home prices have risen 16% or more since 2021 in some of these neighborhoods.
November 14, 2022
Women Boosting Savings, Investments as They See Recession Ahead: SurveyIn a new survey, 68% of women expect a recession and 92% say they're maintaining or boosting savings.
November 14, 2022
How Advisors Can Prepare Wealthy Clients for an Uncertain YearCash management is crucial for this year and next, UBS' Brenda O'Connor Juanas tells ThinkAdvisor.