Economy & Markets
The important economic and stock market news that advisors need to know.
Managed Assets Grew 11% in 2020: Cerulli
By Michael S. FischerRIA assets had the fastest growth among retail intermediaries, the research firm reported.
January 27, 2022
Ameriprise Continues to Adjust Life and Annuity Products for Low RatesThe company plans to end sales of its last remaining variable annuity living benefits rider by June 30.
January 27, 2022
Market Rotates to Value as Fed Turns HawkishPlentiful jobs, higher wages and strong home prices all point to above-trend growth, perhaps as soon as Q2.
January 27, 2022
7 Best States to Find Prime Annuity ProspectsIn these states, more households have a high income and are headed by people ages 45 to 64.
January 26, 2022
Investors Say No to Gendered Advice, MarketingBut most respondents to a Hartford Funds survey said men and women had different financial needs.
January 26, 2022
COVID Waves in 2020 Caused Bigger U.S Death Rate Spike Than 1918 Flu: ActuariesThe new SOA analysis does not include the two huge waves of deaths that occurred in 2021.
January 26, 2022
Fed Signals Liftoff 'Soon,' Sees Asset-Reduction Start AfterwardFed chair Jerome Powell and other officials aren't "going to shrink the balance sheet until after they start raising rates," noted Guggenheim Partners CIO Scott Minerd.
January 26, 2022
Does January's Stock Slide Portend a Down Year?DataTrek co-founder Nicholas Colas provides some historical food for thought.