Economy & Markets
The important economic and stock market news that advisors need to know.
The Metaverse Is Coming, and It Could Be Worth Trillions
By Dinah Wisenberg BrinCompanies like Microsoft and even Ikea are laying the groundwork now.
June 20, 2022
JPMorgan Strategists See Equity Stress Easing in Second HalfWall Street strategists expect the S&P 500 to mostly bounce back, ending just 3% lower for the year, according to a Bloomberg survey.
June 20, 2022
60/40 Portfolio Set for a Quarter Worse Than 2008It's the latest sign that the hedging power of bonds continues to vanish in the inflation era, sparking wealth destruction across American pension funds.
June 17, 2022
Tech Leads Market Gains as Traders Dissect Fed RemarksMarkets are rounding off a week buffeted by interest-rate increases, including the Federal Reserve's biggest move since 1994.
June 17, 2022
These Investments Could Help Clients Rest Easier: J.P. Morgan Strategists"Your client's investment horizon is far longer than one business cycle," J.P. Morgan Asset Management's David Kelly says.
June 17, 2022
3 Scenarios That Could Trigger a U.S. Recession: EIUThe Economist Intelligence Unit doesn't expect an outright recession but warns that these events could change its forecast.
June 17, 2022
Juneteenth, a Day for Celebration and FrustrationBlack Americans lack access to basic financial services, pay more fees, suffer various forms of predation and have little trust in financial institutions.
June 17, 2022
How the Markets, World & Wealth Have Changed Over 30 YearsA look at the big trends that have survived other financial crashes (in 2000 and 2008) and military conflicts (like the Iraq War).