Economy & Markets
The important economic and stock market news that advisors need to know.
Latest Blow to 60/40 Model Is Exodus of Mom and Pop Pensions
By Ruth Carson and Claire BallentineThe catalyst was the pandemic, which drove low interest rates down further and cut the income investors received from bonds.
June 15, 2021
Treasury Secretary Fears the Attack of the Bad Interest Rate BenchmarksAn NAIC representative said insurance regulators are ready for the death of Libor.
June 15, 2021
7 in 10 Investors See Inflation as Transitory: BofA SurveySixty-eight percent of fund managers said they did not expect a recession until 2024 at the earliest.
June 14, 2021
J.P. Morgan's Kelly: Why the Bond Market Is Ignoring InflationThere are two broad possibilities, the chief global strategist writes.
June 14, 2021
Schwab Assets Up 84% After Stock Surge, TD Ameritrade DealTotal client assets were about $7.4 trillion as of May 31, up from roughly $3.8 trillion a year earlier.
June 14, 2021
15 Market-Beating Stocks That Are Still Undervalued: MorningstarThese stocks are beating the market yet still have room to run, according to the research firm.
June 11, 2021
Stock Market Leadership Shifts to Europe: Schwab's KleintopYear-to-date through Tuesday, the MSCI euro index gained 17.5% versus 13.6% for the S&P 500.
June 11, 2021
10 Best Cities for Single Women to Buy a HomeResearchers ranked the cities by factors including women's income, home values and real estate taxes.