Economy & Markets
The important economic and stock market news that advisors need to know.
Top 12 Overlooked Tax Deductions: 2021
By Michael S. FischerDon't let your clients leave tax breaks on the table.
April 09, 2021
Credit Suisse's New Chairman to Weigh Damage-Control Options After Archegos BlowupThe Swiss bank may merge with UBS or be sold to another firm in the wake of $4.7 billion in losses tied to the fiasco.
April 09, 2021
Home Prices Soar in Frenzied U.S. Market Drained of SupplyDemand is so fierce that almost half of U.S. homes are selling within a week of hitting the market, a record pace, according to Redfin.
April 09, 2021
U.S. Growth Expectations Keep Mounting With Bigger TailwindEconomists' expectations for gross domestic product growth surged more than a percentage point to an annualized pace of 8.1% in the second quarter.
April 09, 2021
12 States With Lowest Taxes in AmericaWalletHub looked at income, property, sales and excise taxes in each state.
April 09, 2021
Pro Bono Financial Planning Surged in 2020, Group SaysGrantees and partners provided 27% more one-on-one advice sessions than in 2019, the foundation said.
April 08, 2021
15% of U.S. Stock Investors Started in 2020: Schwab SurveyThese investors say they learned lessons in 2020 about investing for the long term, and 72% plan to buy and hold this year.
April 07, 2021
As the Economy Starts to Normalize, the Market Looks to CyclicalsThe consumer savings rate is nearly 20%. That's a lot of pent-up demand.