Economy & Markets
The important economic and stock market news that advisors need to know.
Why Only a Huge Shock Will Deter Risk-Taking Investors
By Mohamed A. El-ErianConditioned by three new mantras, investors are anchored in the expectation of never-ending stock index records.
August 12, 2021
5 Top Market Predictions From Ark's Cathie WoodDespite continued inflation concerns, the Ark CEO and CIO points to several "deflationary signals" in the market.
August 11, 2021
NYSE to Require Vaccine on Trading FloorsSome people may be granted an exception to the mandate for medical or religious reasons, according to a memo.
August 11, 2021
12 Best & Worst Broker-Dealers: Q2 Earnings, 2021All 12 broker-dealers reported higher earnings than a year ago, when many of them set aside reserves for loan losses.
August 11, 2021
Social Security COLA Estimate for 2022 Raised to 6.2%The latest estimated cost-of-living adjustment reflects a 5.4% increase in the consumer price index for the past 12 months.
August 10, 2021
Vaccine, More Stimulus Should Spur U.S. Stocks: LPLThe delta variant could cause some drag on the economy, but the effects won't be like those of 2020, says Barry Gilbert.
August 10, 2021
Senate Passes $550B Infrastructure Plan in Win for BidenThe Senate, though, didn't get full consent for the approval of a bipartisan effort to replace a broad cryptocurrency tax reporting provision with a more narrowly targeted measure.
August 09, 2021
Biden Corporate Tax Hikes Would Hit Retirees, Small Businesses: StudyNew research by the Joint Committee on Taxation finds the hikes could disproportionately hurt U.S. workers, retirees and some 1.4 million small-business C corps.