Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Climb as Trump Signals U.S.-Iran Deal Is Near
By Rita NazarethEquities halted a two-day slide, with the S&P 500 rising over 1%. U.S. oil sank to around $87.
June 11, 2026
RIA Consolidation Will Push the Channel Past $4T in 10 Years: CerulliFirms increasingly turn to mergers and acquisitions to drive scale and respond to evolving client demands, research finds.
June 10, 2026
Fidelity Picks Nationwide, New York Life for Target Date Lifetime Income ProgramThe new program will use a different legal framework than Fidelity's existing in-plan annuitization options.
June 10, 2026
PIMCO Warns a Wave of Defaults Is Coming for Low-Quality BorrowersThe firm expects "significantly higher losses in lower-quality credit such as leveraged and private direct lending."
June 10, 2026
8 Investment Moves Jeffrey Gundlach Is Making NowThe DoubleLine CEO is pulling back on gold and worrying about the costs of data centers.
June 10, 2026
Professional Investors Pan SEC Reporting Overhaul in SurveyAlmost two-thirds of investment analysts and portfolio managers said the SEC should keep mandatory quarterly financial reporting.
June 09, 2026
AI Selloff a 'Wake-Up Call' for Investors: Wells FargoAs one equity analyst sees it, Friday's selloff likely will mean a slower rally, not the start of a sustained retreat.
June 08, 2026
Third of Gen Xers, Half of Millennials Rely on Parents Financially: StudyAdvisors agree that it's a common situation across the income spectrum.