Economy & Markets
The important economic and stock market news that advisors need to know.
Why It's Time to Rethink the 60/40 Portfolio
By Dinah Wisenberg BrinFactors like AI, renewable energy and shifts in longevity make a review of diversification valuable for clients, says Morgan Stanley.
August 20, 2024
15 Most Expensive Metro Areas to Buy a Luxury HomeThe typical U.S. property in the top tier recently sold for a record $1,180,000 in these cities, Redfin research found.
August 19, 2024
Wall Street Builds on $3T Stock RallyA bumpy stretch across the markets in the dog days of July and August hasn't tempered investors' zest for stocks.
August 19, 2024
15 Most Expensive States for Early RetirementIn each of these states, you'd have to be a millionaire to retire at age 50, according to GOBankingRates' research.
August 19, 2024
5 Best New Hotels in ManhattanHere's a look at the brightest, splashiest openings from Tribeca to Union Square, which charge from $300 to $900 a night.
August 17, 2024
What Panic? Stocks Are Quickly on Their Way Back to Record HighsThe S&P 500 has already recovered all of its August decline and is now just 2.2% away from its mid-July record high.
August 16, 2024
Vanguard to Launch 2 Active Muni ETFsThe investment giant's new funds will offer diversified exposure across sectors, states and credit quality.
August 16, 2024
Here's When Many Americans 'Really' Plan to RetireCostly expenses and financial fears have many set to work well past traditional retirement age, a poll finds.