Economy & Markets
The important economic and stock market news that advisors need to know.
Kotlikoff: Inflation Is a Stealth Social Security Cut
By Jane Wollman RusoffNot only do COLAs have little muscle but retirees find more of their benefits subject to tax, the economist tells ThinkAdvisor.
October 15, 2021
Retirement-Age Investors Worried About Low Interest Rates, InflationSeven in 10 retirement-age investors believe that rising inflation will hurt their retirement savings, Global Atlantic found.
October 15, 2021
23 Price Hikes, Ranked: September 2021Prices rose in September from a year ago in all the categories on our list.
October 14, 2021
SEC Set to Allow Bitcoin Futures ETFs as Deadline LoomsThe regulator isn't likely to block the products from starting to trade next week, said people familiar with the matter.
October 14, 2021
BofA Reports 64% Jump in Merrill, Private Bank Profits: Q3 EarningsMeanwhile, Morgan Stanley and Wells Fargo's wealth units report strong earnings and revenue growth, too.
October 14, 2021
Ark's Cathie Wood: 7 Predictions for the Global Economy, MarketsHere's what the future-focused investor sees for oil prices, inflation and the spending battles in Washington.
October 13, 2021
Don't Expect Big Social Security COLAs to Become a TrendStephen Goss of the Social Security administration gave perspective to Wednesday's 2022 COLA announcement.
October 13, 2021
Bill Gross Says Bond Market 'No Disaster,' Sees 10-Year Yield at 2%Even if bonds are likely to suffer losses, they still have a role to play in portfolios given the economic uncertainties, the PIMCO co-founder says.