Economy & Markets
The important economic and stock market news that advisors need to know.
Top 10 Retirement Reforms in Bill Up for House Vote Tuesday
By Melanie WaddellPassage by the House of the Securing a Strong Retirement Act of 2022, or Secure Act 2.0, is anticipated late tomorrow.
March 28, 2022
Biden Adds New Tax on Wealthy to $5.8T BudgetThe plan calls for a minimum 20% tax rate on income, unrealized capital gains of those worth $100 million as part of $2.5 trillion in tax hikes.
March 28, 2022
Top 10 ETF Trends of 2022400 fund managers, institutional investors and advisors share their current concerns, including ETF performance and fees.
March 25, 2022
Bernie Sanders Floats 95% Corporate Tax Targeting JPMorgan, ChevronThe higher tax rate would target corporate earnings that are above pre-pandemic levels.
March 25, 2022
Morgan Stanley Assumes 155,000 Q1 U.S. COVID-19 Deaths in Earnings ForecastThat would be up from 129,000 in the fourth quarter of 2021.
March 25, 2022
Peter Mallouk: High Inflation 'Favors Wealthy,' 'Is Very Bad for America'The Creative Planning CEO also explains how advisors can help retired clients making less than $300,000 a year today.
March 25, 2022
12 States Where Clients Are Most at Risk of Identity TheftTax-related identity theft reports have soared 45% since before the pandemic, according to a financial services provider and FTC data.
March 25, 2022
Alicia Munnell: Changing Social Security COLA Index 'Not Worth the Effort'"We have bigger fish to fry," like the depletion of the Social Security Trust Fund reserves, the retirement expert says.