Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Rate Hike Could Boost Floating-Rate Annuities
By Allison BellHigher rates could lead to big increases in yields on the trillions of dollars of bonds in life insurers' investment portfolios.
June 15, 2022
Ark's Cathie Wood Sees Deflation Risk, Defends Innovation StocksHer flagship Ark Innovation ETF (ARKK) is down more than 65% from a year ago.
June 15, 2022
Fed Hikes Rates 75 Basis Points; Powell Says 75 or 50 Likely in JulyCritics have slammed the Federal Reserve for not anticipating the fastest price gains in four decades and for being too slow to respond to them.
June 15, 2022
Goldman, Citigroup, Bridgewater Leaders Imagine Markets in 2052Thirty years ago the internet was in its infancy. What will the next 30 years bring?
June 14, 2022
Death of the 60/40 Portfolio 'Exaggerated': LPL StrategistsRecent losses "have improved valuations for the 60/40 portfolio considerably," LPL Financial strategist Barry Gilbert and Jeffrey Buchbinder said.
June 13, 2022
Morgan Stanley CEO James Gorman Sees 50% Recession Risk"It behooves you to be a little cautious," he says.
June 10, 2022
Will There Be a Recession This Year? Grantham, Shilling, Others Weigh InHere's what Jeremy Siegel, Liz Ann Sonders, Robert Shiller and others think the near future could hold.
June 10, 2022
Debate: Should the Tax Break on Small-Business Stock Be Scaled Back?Two professors discuss cutting the capital gains tax exclusion from 100% to 50% for high-income taxpayers.