Economy & Markets
The important economic and stock market news that advisors need to know.
Andy Friedman Predicts Fate of Build Back Better Bill
By Melanie WaddellWhile final terms of the trimmed-down $1.75 trillion spending and tax plan are unclear, he expects SALT relief is coming.
December 08, 2021
Institutional Investors Confident Going Into 2022: SurveyDespite the threat of supply chain disruptions and ongoing COVID-19 concerns, those managing $13 trillion see plenty of growth potential.
December 07, 2021
What 11 Industry VIPs Are Reading Right NowRic Edelman, Liz Ann Sonders and a host of other financial experts share the titles of books (and one podcast) they recommend.
December 07, 2021
Technology Leads Biggest Stock Rally Since MarchThe S&P 500 erased all the losses suffered after Jerome Powell's hawkish tilt a week ago.
December 07, 2021
Deal to Raise Nation's Debt Ceiling Reached in CongressIf the plan goes through, the debt limit increase could pass Congress before Dec. 15.
December 07, 2021
Investors Favor Annuities, Protection Over 60/40 Allocation: SurveyFinancial professionals tend to underestimate investors' interest in annuities that provide steady income, important in volatile markets.
December 07, 2021
The Secret Is Out on 7.12% Inflation-Protected BondsWith signals that the Fed will wind down asset purchases sooner than expected, this may be as good as it gets for Series I interest rates.
December 06, 2021
NYSE Names New President, Chairwoman as Part of ICE Leadership ShakeupLynn Martin will become the second female president of the NYSE; board member Sharon Bowen will become chair.