Economy & Markets
The important economic and stock market news that advisors need to know.
Cryptocurrency Is Portfolio Kryptonite
By David BlanchettCryptocurrency meets none of the three criteria needed to add it to a portfolio, new PGIM research finds.
May 24, 2022
15 New 5-Star Stocks Trading at Big Discounts: MorningstarThese newly cheap stocks are trading at 59% or more below fair market value, according to analysts.
May 23, 2022
The Big Economic Risk Wall Street Isn't Talking About: Stephanie PomboyCorporations' costs are rising faster than they can pass them on, spelling trouble ahead, the analyst tells ThinkAdvisor.
May 23, 2022
How Much Money Does It Take to Be Wealthy?Schwab, who asks this question every year, found the dollar amount cited by survey respondents rose from a year ago.
May 23, 2022
What Happened to Bill Gross? Author Details Bond King's Rise and FallThings went "off the rails" for the famed bond investor after Pimco CEO Mohamed El-Erian resigned, Mary Childs said at Morningstar.
May 23, 2022
Where a Value Manager and a Growth Manager See Opportunities, Risks Now"I think the chances of a hard landing have gone up a lot," Fidelity's Sammy Simnegar says.
May 23, 2022
Wall Street Is as Baffled by Stocks Now as It Has Ever BeenProfessional forecasters are quickly rolling back projections that now look overly rosy.
May 19, 2022
Stock Selloff May Be Entering a New PhaseThere's growing evidence that, while interest-rate worries have mostly played out, a new fear is in the driver's seat.