Economy & Markets
The important economic and stock market news that advisors need to know.
BofA Strategists See 7% Stock Drop by Year-End
By Bernice NapachHere's why they're targeting 4,250 for the S&P 500.
October 22, 2021
Should Annuity Buyers Time the Market?In market terms, there's no "good" or "bad" time to buy an annuity, but certain factors can affect payouts.
October 22, 2021
Top 10 States Where Real Estate Investors Are Buying Up HomesInvestors' purchases accounted for 15.4% of U.S. home purchases in the second quarter, RealtyTrac reported.
October 22, 2021
Powell: 'I Do Think It's Time to Taper'Although the Fed chairman, is concerned about rising inflation he doesn't think it's time to raise interest rates.
October 22, 2021
Goldman: Stocks Will Keep Climbing Because There Is No AlternativeCash rates are zero, bond yields are often lower than stock dividend yields and bond spreads are set to widen.
October 21, 2021
More Workers Keeping Assets in DC Plans After Retirement: J.P. MorganRetirees are spending more than expected in early retirement and should plan to replace 90% of income, the research finds.
October 21, 2021
DoubleLine's Jeffrey Sherman: 2 Wild Cards That Could Derail the EconomyWhile the deputy CIO says he's "more sanguine than most" on the economy, there are hazards to watch, he tells ThinkAdvisor.
October 21, 2021
BlackRock's Fink: 'Inflation Is Real,' Not TransitoryFink says he will focus on how inflation is affecting every corporate earnings report for the third quarter.