Economy & Markets
The important economic and stock market news that advisors need to know.
Manchin Wants Deal on Social Security, Medicare and Debt
By Steven T. DennisSome trust funds that support the programs could run out of money in the next 12 years, which would trigger benefit cuts.
November 02, 2022
Athene Helped Stabilize U.K. Government Bond Market: Apollo ExecutivesMarc Rowan, the CEO, said penalties on trading capital providers are causing liquidity problems.
November 02, 2022
How the 8 Ivy League Endowments Performed in Fiscal 2022Only one posted a positive return, but all eight beat the median of -10.2%.
November 02, 2022
Record Powerball Jackpots Are Teachable Moments for Pension ParticipantsPension participants (and lottery winners) have to carefully evaluate the pros and cons of a lump-sum offer.
November 02, 2022
Fed Hikes Again by 75 Basis Points, Hints at Entering End PhaseThe move will spur speculation that Fed Chair Jerome Powell and colleagues may slow the pace of rate increases at their December meeting.
November 02, 2022
10 Best Stocks to Buy Now: MorningstarThese companies have predictable cash flows and smart management teams, according to analysts.
November 01, 2022
Institutional Investors Not Backing Down on Digital Assets: SurveyThe fundamentals of digital assets remain strong despite recent market turmoil, Fidelity's Tom Jessop says.
November 01, 2022
The Key to Knowing When It's Time to QuitAdvisors can serve as "quitting coaches" to their clients, pro poker champ turned consultant Annie Duke tells ThinkAdvisor.