Economy & Markets
The important economic and stock market news that advisors need to know.
New I Bond Rate Set at 6.89%
By Dinah Wisenberg BrinThe Treasury Department sold about $3 billion in I bonds last week while the 9.62% rate remained in place.
October 31, 2022
What Annuities Can Do for Retirees That Traditional Fixed Income Can'tAnnuities are far more efficient at generating income than a traditional fixed income portfolio, David Lau says.
October 31, 2022
Markets Rallying Prematurely on Fed Pivot Hopes: BlackRockBlackRock also predicts a recession will keep stocks from enjoying the lift they usually see after U.S. midterms.
October 31, 2022
How Much Income You Need to Rent an Apartment in 15 Major CitiesRecent rent hikes could be sending some of your clients looking for a cheaper place to live.
October 31, 2022
We Should Just Accept We're Going to Have a Blah EconomyIt's just as likely we'll slog along in uncertainty as it is that inflation will lead to a deep recession.
October 31, 2022
Investors' Confidence Cratered in Q3: J.D. PowerGrowing concern about the ability to keep up with inflation has led to the decline in investor confidence.
October 28, 2022
54% of Consumers Have Cut Retirement Savings Due to Inflation: Allianz LifeThe share of millennials that reported stopping or reducing retirement savings because of inflation was even higher.
October 28, 2022
Jeremy Siegel Expects Fed to Pivot SoonSiegel expects the Fed to acknowledge "there has been a tremendous amount of progress made on inflation."