Economy & Markets
The important economic and stock market news that advisors need to know.
Odds of U.S. Going Past Default Date Are 25% and Rising: JPMorgan
By Matthew BoeslerA potential deal including spending cuts could reduce gross domestic product by 0.1% to 0.5% in 2024, said the bank's chief economist.
May 23, 2023
Affluent Investors Are Wary of Banks: CerulliMass affluent investors tend to use banks as their primary financial service provider until their 40s, Cerulli finds.
May 23, 2023
Ed Slott: The IRA Conversation Advisors and Clients Must Have NowSlott talks to ThinkAdvisor about upcoming tax changes, Social Security's future and how to handle missed RMDs.
May 23, 2023
BlackRock Bond Chief's First ETF Is All About IncomeThe asset manager already controls about $600 billion of the nearly $1.4 trillion held in U.S. debt ETFs.
May 23, 2023
The 10 Biggest Managers of North American Insurance Money: 2022These top firms beat the Federal Reserve's U.S. financial assets benchmark.
May 22, 2023
Game Theory Offers Clue to Market Calm Amid Debt ImpasseThe U.S. is hurtling toward default. So why is the S&P 500 near a nine-month high?
May 22, 2023
Orion CEO Set to RetireEric Clarke, who founded the firm in late 1999, will continue to serve on its board.
May 22, 2023
12 Best States for Military Retirees: 2023Here's where readjusting to civilian life should be the least difficult, according to WalletHub.