Economy & Markets
The important economic and stock market news that advisors need to know.
NYSE Says Certain Trades to Be Canceled After Glitch at Open
By Katherine Doherty | Jessica MentonBanks, retailers and industrial firms were among those affected, including Wells Fargo, Morgan Stanley and Walmart.
January 24, 2023
'Boomerang' Children Don't Derail Parents' Retirement: New StudyNew research shows negligible long-term financial impact when adult children temporarily move back home.
January 24, 2023
NYSE Gets Wave of Sell Orders, Unleashing Stock-Market ChaosAt least 40 S&P 500 Index stocks were hit with trading halts, including Wells Fargo and Morgan Stanley.
January 23, 2023
10 Financial 'Movie Plots' That Are Just Modern RemakesFirst-time investors are wowed by what they're seeing in markets, but experienced advisors already know the ending.
January 23, 2023
Recession Odds Falling Sharply Across Markets: JPMorganThe firm's trading model now finds seven of nine asset classes indicating that the chance of a recession is under 50%.
January 20, 2023
Does a 100% Stock Portfolio Make Sense?Ben Carlson explored this question on his blog. Here's what others have to say.
January 20, 2023
A Glimmer of Hope for Americans' FinancesDespite lingering fears of a recession and inflation, Americans are confident they can reach their financial goals.
January 19, 2023
Harry Dent: 'Crash of a Lifetime' Coming After 'One More New Low'We're in an "everything bubble" with zero chance of a soft landing, the "Contrarian's Contrarian" tells ThinkAdvisor.