Economy & Markets
The important economic and stock market news that advisors need to know.
Bill Gross Bashes 'Total Return' Bond Funds He Popularized
By Ye XieThey've clung to their benchmarks too closely, essentially becoming "quasi" index-tracking strategies, according to Gross.
October 18, 2022
IRS Announces Tax Inflation Adjustments for 2023The agency has adjusted thresholds for tax brackets, the AMT, the estate tax and other provisions.
October 18, 2022
Tax Breaks for Kids, Companies Are Suddenly Brewing in CongressRepublicans want $45 billion in business-related tax breaks; Democrats prefer a full extension of last year's $100 billion child-tax benefit.
October 18, 2022
12 Metros Where the Social Security COLA Will Help the MostThe Social Security inflation adjustment is the same across the U.S. Actual local inflation rates are different.
October 18, 2022
El-Erian: It's Getting Harder to Justify Independent FedThe economist points to four "big operational errors" in its recent performance and a lack of accountability.
October 18, 2022
17 Richest Colleges & Universities in the U.S.Here are the schools with the biggest endowments, according to the latest report from Nacubo-TIAA.
October 17, 2022
60/40 Portfolio Slump: Omen or Opportunity?Investing pros weigh in on what the balanced strategy's worst year in decades tells us about the future.
October 17, 2022
Forecast for Recession Within Year Hits 100%Bloomberg economists' latest models forecast a higher recession probability across all timeframes vs. an earlier estimate of 65%.