Economy & Markets
The important economic and stock market news that advisors need to know.
Pimco Amassed Billions of Exposure to Russia Debt Facing Default
By Loukia Gyftopoulou and Laura BenitezIt had at least $1.5 billion of sovereign debt as of year-end and placed about $1 billion of bets on Russia via the credit-default swap market.
March 10, 2022
10 Ways to Talk to Clients in Volatile MarketsYour client doesn't want platitudes. They want practical advice. What can you tell them?
March 10, 2022
10 Tips for Dressing to Impress Wealthy ProspectsWhen mingling with high-net-worth individuals, you want to look the part.
March 09, 2022
Jeffrey Gundlach's Top 10 Predictions for the Rest of 2022Inflation could hit 10% in the U.S. this year, DoubleLine Capital CEO Jeffrey Gundlach says.
March 09, 2022
TIAA Adds $2.3B to 2022 Fixed Annuity Interest PaymentsThe company says the rates for TIAA Traditional holders will rise an average of 21%.
March 09, 2022
Roth IRA Conversions in a Down Market: 6 Things to ConsiderA down market allows clients to convert a larger percentage of their traditional IRA.
March 09, 2022
'Buy the Dip' Is No Longer a Sure Thing for InvestorsThe war has aggravated an unpleasant start to 2022 for stock investors; the top U.S. stock indexes are now down 10-18% this year.
March 08, 2022
Watch These 5 Charts to See When Stocks Hit BottomThe market is trying to find a low point, but we're not there yet, says macro strategist Simon White.