Economy & Markets
The important economic and stock market news that advisors need to know.
12 Metros Where the Social Security COLA Will Help the Most
By Allison BellThe Social Security inflation adjustment is the same across the U.S. Actual local inflation rates are different.
October 17, 2022
60/40 Portfolio Slump: Omen or Opportunity?Investing pros weigh in on what the balanced strategy's worst year in decades tells us about the future.
October 17, 2022
Forecast for Recession Within Year Hits 100%Bloomberg economists' latest models forecast a higher recession probability across all timeframes vs. an earlier estimate of 65%.
October 17, 2022
Interest Rates Will Hit 9% If Inflation Persists: Mark MobiusThe former Franklin Templeton executive also warns that commodity prices could be hurt by cooling demand.
October 17, 2022
11 'Credentials' That Give You an In With the WealthyMost of these credentials don't involve going back to school; you likely have several already.
October 14, 2022
What to Tell Clients Who Want to Buy a Home Now: Advisors' AdviceShould they buy now or wait? What should they consider? Here's what 11 advisors told us.
October 14, 2022
Morgan Stanley CEO Hints at Job Cuts With Headcount Under Review"You've got to take into account the rate of growth we've had in the last few years," James Gorman said.
October 14, 2022
Jeremy Siegel: Fed Risks Depression If It Waits for 2% InflationIt's imperative the Fed recognizes the stats don't reflect real inflation, the Wharton professor said.