Economy & Markets
The important economic and stock market news that advisors need to know.
These Areas Are Most at Risk of a Housing Downturn
By Alex TanziThe Federal Reserve's aggressive tightening policy and elevated inflation are crimping the once-booming U.S. housing market.
September 13, 2022
Social Security COLA for 2023 Estimated at 8.7%It would be the biggest increase ever received by most beneficiaries alive today, senior advocate Mary Johnson says.
September 13, 2022
12 Worst U.S. Cities for Retirement: 2022These cities get less-than-stellar marks on quality of life, affordability, activities and health care, WalletHub found.
September 12, 2022
Goldman Plans to Cut Several Hundred JobsThe move from the banking bellwether is the surest sign yet of a chill that's set in across the industry amid a slump in revenue.
September 12, 2022
Fund Manager Expects Markets to 'Break Badly and Painfully' Within a YearMichael Taylor of Critical Mass Partners spoke with Hedgeye CEO Keith McCullough and laid out some gloomy predictions.
September 12, 2022
Gen Xers Are Worried About Inflation, Skeptical of Advisors: State StreetCurrent market conditions could make now a good time to build trust with these investors, according to State Street Global Advisors.
September 09, 2022
15 Best Cities for Financial Advisors to Start a Career: 2022The cities offer a combination of competitive salaries, low rents and access to high-income prospects.
September 08, 2022
Jumbo Fed Rate Hike Is in Play as Powell Sticks to Hawkish ViewU.S. central bankers meet on Sept. 20-21, and Powell has kept the option open for another 75 basis-point move.