Economy & Markets
The important economic and stock market news that advisors need to know.
The Run From REITs Is 'Overdone': Morningstar Analyst
By Dinah Wisenberg BrinRising interest rates have pressured real estate investment trust shares this year and may cause prices to decline further, but publicly traded REITs nonetheless…
August 01, 2022
Why Stocks Took a July Vacay From FundamentalsU.S. stocks had their best month in two years while the economy received discouraging news about both growth and inflation.
July 29, 2022
How Long Do Bear Markets Last? A Look at 13 Stock Slumps Since 1946A look back at history can help advisors reassure shaky clients that this, too, shall pass.
July 29, 2022
El-Erian, Crescenzi Explain Why Investors Are Betting on the Fed"The market is looking for a pivot ... when the only reason you would get it is [if] the economy collapses," said economist Mohamed El-Erian.
July 29, 2022
Stocks Set for Best Month Since 2020Nasdaq 100 futures added more than 1% after the U.S. stock market hit a seven-week high Thursday.
July 28, 2022
Rich Wall Streeters Face Shock Tax Hike While Rest of Wealthy EscapeSenator Joe Manchin supports ending the carried interest tax break and increasing IRS audits but has rejected raising the $10,000 SALT deduction.
July 28, 2022
New Tax Deal Is a Bill the Markets 'Can Live With': Valliere"No one in Washington — including us — saw this coming," said Greg Valliere, chief U.S. Policy Strategist for AGF Investments.
July 27, 2022
8 Ways Advisor Clients Feel More ConfidentA Nationwide survey found advisor clients felt better about a number of financial matters.