Economy & Markets
The important economic and stock market news that advisors need to know.
Life Settlement Offers Are Set to Drop Due to Soaring Interest Rates
By Wm. Scott PageA participant in the industry predicts that the higher cost of money will sting.
November 08, 2022
How Fund Capital Gains Could Hurt Investors — Even With Market LossesMany funds have had redemptions due to market weakening in 2022 and have sold assets to meet demands for cash, explains Morningstar's Stephen Welsh.
November 08, 2022
Portfolio Outlook Is the Best Since 2010: JPMorgan's KellyStrategist David Kelly and colleagues also say investors should stick with 60/40 portfolios, which are poised to recover in about three years.
November 08, 2022
An Investing Guide to the Midterm ElectionsFor sectors like health, energy and tech, the makeup of the next Congress will be key to determining their path forward.
November 08, 2022
10 Risks That Could Crash the Global Economy in 2023These scenarios could have a huge impact on economic growth in the new year.
November 08, 2022
Election Day to Deliver Verdict on Biden Agenda, EconomyWith inflation concerns at the top of voters' minds, Biden confronts tough odds of preventing a Republican takeover of one or both chambers of Congress.
November 07, 2022
Short-ARKK Fund Celebrates First Birthday Up 110% Since LaunchThe $361 million AXS Short Innovation Daily ETF has the second-best performance of some 450 ETFs that launched over the past year, Bloomberg data show.
November 07, 2022
UBS Expands Into 'Brazilian Texas' to Reach Newly Minted MillionairesUBS has 1,300 employees, including 570 wealth advisors, dedicated to 50,000 Latin American private-banking clients.