Economy & Markets
The important economic and stock market news that advisors need to know.
Bill Gross Says 'Total Return' Strategy He Pioneered Is 'Dead'
By Ye XieYields today are much lower than when he first coined the concept at PIMCO.
May 06, 2024
8 Trends in the Art MarketA recent Bank of America report provides some talking points for advisors helping clients navigate this alternative investment.
May 06, 2024
Fitch Predicts Annuity Issuers Will Overcome Office SlumpBut falling prices pose "global contagion risk" for some small banks, analysts warn.
May 03, 2024
'Your Fund Is Under Attack': BlackRock Fights Saba RaidThe $250 billion closed-end fund industry is now the scene of one of the most dramatic power struggles in finance.
May 01, 2024
3 Reasons Cash Is King AgainReturns on cash are competitive now, and your clients might have more of it than you think.
May 01, 2024
JPMorgan Embraces Family Offices, With 'Very Tailored' AdviceThey offer such bespoke services as cybersecurity advisory and matrimonial planning, practice head William Sinclair says.
May 01, 2024
U.S. Faces Retirement Crisis, Working Women SaySurvey respondents cited inflation and rising health costs among reasons that retirement is only getting harder.
May 01, 2024
Schwab Charity Funnels $250M to Right-Wing CausesThe donor-advised fund gave $141 million to a group tied to activist Leonard Leo between mid-2022 and mid-2023.