Economy & Markets
The important economic and stock market news that advisors need to know.
AIG Launches Corebridge Life and Annuity Unit IPO
By Allison BellCorebridge now has about $136 billion in individual annuities in life and is getting its own NYSE listing.
September 06, 2022
Meb Faber Beats Down Stock Buyback MythsBuybacks aren't the "bogeyman" that many politicians think they are, the RIA co-founder tells ThinkAdvisor.
September 06, 2022
TCW Hires Goldman Veteran as CEOKatie Koch joins the $220 billion asset manager after 20 years at Goldman, where she rose to become partner.
September 02, 2022
FINRA Hits Baird Over $100 Trading CommissionsThe firm was ordered to pay $416,000 for charging a $100 minimum commission even on small trades, FINRA says.
September 02, 2022
Income-Generating ETFs Popular in Tough MarketETFs featuring dividend strategies, munis and high-yield bonds have seen strong inflows, Dave Nadig tells ThinkAdvisor.
September 02, 2022
Bonds Tumble Into Their First Bear Market in a GenerationSo far this year, the classic 60/40 portfolio is down 15%, on track for its worst yearly performance since 2008.
September 02, 2022
12 Hardest-Working States in America: 2022In honor of Labor Day, WalletHub looked at metrics like hours worked, employment rates and time spent volunteering.
September 02, 2022
Wall Street Is in Denial Over the EconomyHere's why my earlier forecast of a 40% total drop in the S&P 500 from the early January peak is still relevant.