Economy & Markets
The important economic and stock market news that advisors need to know.
BofA Economist: 'I Don't See How We Avoid a Recession'
By Jeff BermanBofA's Ethan Harris and Wells Fargo's Jay Bryson both predict there will likely be a recession in 2023.
October 24, 2022
Most Americans Say They're Behind on Retirement Saving: SurveyNearly a quarter of Americans say they did not contribute to their accounts this year or last year.
October 24, 2022
6 New Retirement Numbers to Know for 2023The IRS has adjusted several thresholds related to 401(k)s, IRAs and tax credits.
October 24, 2022
16 Highest-Paid CEOs in Financial ServicesAverage CEO compensation surged to $23.2 million in 2021, with many in the financial industry earning significantly more.
October 24, 2022
The 13 Scariest Days in the U.S. Stock MarketThink markets are spooky now? This year's worst day for the S&P didn't even make the top 100.
October 24, 2022
It's the Best Time for Bonds in More Than a Decade, Gundlach's Deputy CIO SaysShort-term Treasurys and T-bills are a good refuge for nervous clients, DoubleLine's Jeffrey Sherman tells ThinkAdvisor.
October 21, 2022
Market Conditions Create a Fixed Annuity Buying OpportunityThe recent surge in fixed annuity sales isn't likely to subside anytime soon.
October 21, 2022
How DOL's New Independent Contractor Rule Could Cause Major Headaches for AdvisorsThe proposed rule stands to cost advisory firms more time and money, FSI General Counsel David Bellaire tells ThinkAdvisor.