Economy & Markets
The important economic and stock market news that advisors need to know.
Wells Fargo Strategists Warn S&P 500 Will Drop 10%
By Nikos ChrysolorasThe U.S. equity benchmark is trading near a record high, after delivering a blockbuster 27% rally last year.
December 30, 2021
Boomers Who Left Jobs During Pandemic Aren't Claiming Social Security: StudySome older workers may intend to return to work as the pandemic recedes, CRR researchers speculated.
December 30, 2021
15 Most Health-Conscious Cities in the U.S.The ranking done by ValuePenguin focuses on access to eight amenities, like gyms, parks and playgrounds, as well as healthy food options.
December 30, 2021
The 5 Worst States for Working-Age COVID-19 Hospitalizations NowThe District of Columbia looks especially bad.
December 29, 2021
Retirees Need to 'Get Comfortable' Holding Less Cash, Fixed Income: Michael CrookWhile retirees should hold some safe assets for when they need to spend, fixed income isn't going to see much return, the strategist says.
December 28, 2021
James Cayne, CEO for Bear Stearns Rise and Fall, Dies at 87Until 2007, Cayne was among Wall Street's brightest stars; when the firm ran out of money in 2008, the then-chairman was at a bridge tournament.
December 28, 2021
Goldman Sachs: Build Back Better Won't PassThe expectation from Goldman economists led them to lower their GDP forecast for 2022.
December 28, 2021
What's Next for Build Back Better, Form CRS and the New Fiduciary Rule?Greg Valliere, Ron Rhoades and Fred Reish weigh in on what lies ahead for new laws and rules coming out of Washington in 2022.