Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Tumble as Investors Fret About Fed's Quagmire
By Rita NazarethThe S&P 500 fell nearly 3.6% Thursday, and the Nasdaq 100 dropped close to 5%.
May 04, 2022
Interest Rate Hikes Turn Lead Into Helium for CNO Life and Annuity Products"New money rates" are starting to exceed the company's current portfolio yield.
May 04, 2022
Fed Hikes Rates Half-Point as Powell Signals Similar Moves AheadTreasuries and stocks rallied as the Fed chair dashed speculation it was weighing an increase of 75 basis points in the months ahead.
May 04, 2022
How QLACs Can Help Clients Manage Inflation Risk, Reduce RMDsWith inflation spiking, QLACs may be poised to protect against the threat that rising costs pose to retirees.
May 03, 2022
Envestnet, ThinkAdvisor Zoom In on Top Active ManagersThe 18th annual Asset Manager of the Year Award program recognizes active managers in eight categories.
May 03, 2022
5 Long-Term Effects of Ukraine War on U.S. Economy: The EconomistThe Economist Intelligence Unit makes some observations and predictions.
May 03, 2022
Inflation Eats Up Gains in Post-COVID Bull MarketAdjusted for inflation, the S&P 500 is down roughly 40% in value at an annualized rate, the worst since 1974, according to BofA data.
May 03, 2022
Sustainable Fund Inflows Fell Sharply in Q1: MorningstarFlows into the broader market declined even more.