Economy & Markets
The important economic and stock market news that advisors need to know.
Cathie Wood's ARKK Sees Biggest Monthly Outflow in Nearly a Year
By Elaine ChenThe $8 billion Ark Innovation ETF saw $803 million rush out in August. It's down 60% this year vs. the S&P 500's 18% drop.
August 31, 2022
Morningstar to Merge 2 Rating SystemsThe firm is combining its forward-looking managed investment ratings to create the Morningstar Medalist Rating.
August 29, 2022
JPMorgan's Kelly Says Buy Value, Sell Crypto With Hawkish FedForget about short-term direction and focus on valuations, the global strategist advises.
August 29, 2022
Harry Dent: Crash of a Lifetime Is Here; Sell Stocks Now"This is your last chance to sell stock," he says. "Get out of the way of the crash!"
August 29, 2022
Staying Diversified in a Jittery MarketA pullback in September would not be surprising. Here's where I'm investing now.
August 29, 2022
Don't Buy the Dip Too Early in a Bear Market, Analysis WarnsHistory "suggests that it's better to be late than early," Richard Bernstein Advisors' Dan Suzuki wrote.
August 26, 2022
Debate: When Is Workplace Health Insurance 'Unaffordable'?Two professors discuss the likely effects of reducing the income threshold for an Affordable Care Act tax credit.
August 26, 2022
Stocks Wipe Out Pre-Powell Rally on Hawkish ToneThe S&P 500 erased the rally notched in the previous session, while the tech-heavy Nasdaq 100 tumbled about 3%.