Economy & Markets
The important economic and stock market news that advisors need to know.
How Rising Yields Affect Retirees: Morningstar's Benz
By Ginger SzalaRetirees should do an audit of their bond holdings in a rising rate environment, the personal finance director says.
June 16, 2022
Meet the 2022 Asset Manager of the Year WinnersThe top active managers, picked by judges from Envestnet and ThinkAdvisor, stand out for their consistent ability to create alpha for investors.
June 15, 2022
The 20 Biggest Asset Managers in the World: Q1 2022These top financial firms are ranked by assets under management, according to ADV Ratings.
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.