Economy & Markets
The important economic and stock market news that advisors need to know.
BofA Warns of 'End to 60/40' Portfolios
By Lu WangThe recent synchronized selloff of equities and Treasuries could be just the start of what's to come for the popular stock-bond portfolio strategy, strategists warn.
October 11, 2021
Gensler's Terrible 10: SEC Rules That Make Wall Street TrembleThe SEC chair is laying out one of the most ambitious agendas in the SEC's 87-year history -- some 49 proposals, many already drawing opposition.
October 11, 2021
Goldman, JPMorgan Say Buy the Dip as Inflation Is TransitoryThe strategists expect the surge in consumer prices, fueled by higher energy costs, will fade.
October 08, 2021
Fidelity Finds 50% Jump in Women Investing Outside of Retirement AccountsAnd self-directed female investors outperform their male counterparts, according to an analysis of 5.2 million accounts.
October 08, 2021
Global Corporate-Tax Overhaul Advances as 136 Nations Sign OnRepublicans warned the Biden administration against "circumventing the Senate's constitutional treaty authority."
October 08, 2021
Super Rich Now Hold More Wealth Than All of the Middle ClassThe top 1% represents about 1.3 million households who each roughly make more than $500,000 a year.
October 07, 2021
15 Best Cities for Millennial Homebuyers: 2021Clever ranked 100 cities on several metrics to find those that are both affordable and fun to live in.
October 07, 2021
Schumer Says Deal Struck to Extend Debt Limit Into DecemberThe deal staves off immediate crisis but could put Democrats in political peril later.