Economy & Markets
The important economic and stock market news that advisors need to know.
Financial Groups, Firms Push for a Biden Order on Retirement Security
By Melanie WaddellBiden should convene cabinet leaders to address issues like Social Security, Medicare and LTC, the groups say.
July 27, 2021
COLA Wars: Will Congress Change How Social Security Raises Are Calculated?The fate of a recent Social Security bill is uncertain. Meanwhile, an index tracking seniors' costs is rising more slowly than the broader index.
July 26, 2021
Delta Variant Shouldn't Hurt U.S. Stocks, Strategists Say"The new strain should not pose a major market risk," write Goldman Sachs strategists led by David Kostin.
July 23, 2021
Goldman: What Family Offices Do DifferentlyThese investors benefit from a lack of defined investing timelines and the absence of outside interference, the survey found.
July 23, 2021
Millennials Getting Raises Have Retiring Boomers to ThankWages are rising and workers are quitting in large numbers because the working-age population is shrinking.
July 21, 2021
Bob Doll Checks In on His 10 Predictions for 2021Few of Doll's predictions were 100% correct. The forecaster, now CIO of Crossmark, gives some updates.
July 20, 2021
6 Reasons the Economy Isn't Going to Crash Anytime Soon: Greg ValliereAGF Investments' chief U.S. strategist has some reminders for panicky investors.
July 20, 2021
Should 1031 Exchanges Be Limited?Two professors debate Biden's proposal to cap the amount of capital gains taxes that real estate investors can defer on like-kind exchanges.