Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Moves Up Expected Date for First Rate Hike
By Matthew BoeslerFed policymakers expect to raise rates once or twice before year-end 2023, accelerating earlier expectations of no hikes through 2023.
June 15, 2021
Carson Group Partners With FIG on Insurance SolutionsJamie Hopkins talked to ThinkAdvisor about the deal with Financial Independence Group.
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.