Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman Cuts Recession Odds to 25%
By Ben HollandThe bank's economists also pointed to a rapid slowdown in inflation, and wage growth that's cooling.
February 03, 2023
Investors Risk Sleepwalking Into Selloff: BofAStrategist Michael Hartnett suggests investors start selling the S&P 500 when it tops 4,200.
February 02, 2023
Jeffrey Gundlach: Powell's Relaxed Aura Overshadows Tough TalkThe market could get overvalued in a couple of months, Gundlach cautioned.
February 02, 2023
15 Hottest Up-and-Coming Housing MarketsThese housing markets are affordable and their local economies are thriving but not overcrowded, according to Realtor.com.
February 02, 2023
Jeremy Siegel Expects Rate Cut, Stock Surge in Second Half of 2023The Fed and Chairman Jerome Powell are starting to "get it," Siegel said.
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.