Economy & Markets
The important economic and stock market news that advisors need to know.
Top Money Managers See Double-Digit Stock Gains in 2023
By Jan-Patrick Barnert, Ksenia Galouchko | Michael MsikaBloomberg's survey finds 71% of fund managers expect equities to rise with an average anticipated gain of 10% next year.
December 08, 2022
S&P 500 to Hit 5,000 in 2023: Strategist"The lows are in, and I think we are starting a new bull market," said Jim Paulsen, chief investment strategist of The Leuthold Group.
December 08, 2022
Top 10 Retail Life and Annuity Issuer StocksThey're beating the S&P 500, both in terms of 1-year and 10-year price performance.
December 08, 2022
Big Job Cuts in Financial Services May Just Be Getting StartedNext year, the reductions could accelerate if markets stay choppy, investors cautious and corporations wary of investing or doing deals.
December 07, 2022
10 of Jeffrey Gundlach's Economic, Market Predictions for 2023The DoubleLine CEO said inflation could turn negative and likened crypto to a pet rock.
December 07, 2022
17 RIA Jobs and What They PaySchwab reveals detailed survey data on how much RIAs pay their planners, portfolio managers and other employees.
December 06, 2022
The 10 Most Regretted College MajorsOverall, 44% of job seekers wish they'd chosen a different major, a recruiting site found.
December 06, 2022
Morgan Stanley to Cut About 2,000 JobsGoldman Sachs and Bank of America executives warned of hiring slowdowns on Tuesday, citing the uncertain economic outlook.