Economy & Markets
The important economic and stock market news that advisors need to know.
Schwab's Sonders Sees Opportunity in the 'Bear Market for Everything'
By Dinah Wisenberg Brin"You want to look for companies that are bucking that trend," Schwab's chief investment strategist Liz Ann Sonders said.
September 29, 2022
S&P 500 Heads for Grim Quarterly Milestone Last Seen in Early 2009The index is headed for its third straight quarter of losses for the first time since the 2008-2009 financial crisis.
September 29, 2022
Bond Market Mess Is a Chance to Lock In Higher Yields for LongerInvestors have an opportunity to lock in yields that might not be available next year, Schwab's Kathy Jones says.
September 28, 2022
Return-to-Office Resistance Is Pushing Advisors to Seek New Firms: Cetera ExecCetera expects a record asset-gathering quarter as advisors look for freedom, John Pierce tells ThinkAdvisor.
September 28, 2022
JPMorgan Model Says Recession Is a Lock as Stock Slump Wears OnThe S&P 500's rout since the Fed turned extremely hawkish now implies a 92% chance of a recession vs. 51% in August.
September 28, 2022
New Bill Would Raise I Bond Purchase CapThe Savings Security Act of 2022 would raise the annual purchase limit when inflation tops 3.5%.
September 28, 2022
Analysts Look Inside Private Equity-Owned Insurers' VaultsHere's what the NAIC found in the portfolios that support the benefits promises.
September 28, 2022
6 New Stats About Wealth in the U.S.The U.S. is home to 53% of the world's ultra-wealthy individuals and 40% of millionaires, according to new data from Credit Suisse.