Economy & Markets
The important economic and stock market news that advisors need to know.
12 Ways to Meet the Wealthy This Summer, From Cheap to Not-So-Cheap
By Bryce SandersSome require little effort, others a bit more; all could pay off significantly.
May 19, 2023
S&P 500 Could Plunge 20% if U.S. Fails to Raise Debt Ceiling: UBSThe analysis by the bank's strategists was posted Friday morning, before bipartisan talks in Washington were put on a "pause."
May 19, 2023
McCarthy Pauses Debt-Limit Talks as Clock Ticks Down"We caution investors not to overestimate how quick or smooth the path to the finish line will be," said Evercore strategist Tobin Marcus.
May 19, 2023
Study Up! SEC Reg BI Bulletins Will Be Used in Exams, Compliance Pros SayThe bulletins are "essentially a roadmap" to what examiners will focus on, Commonwealth's Peggy Ho says.
May 18, 2023
Wall Street Fears $1T Aftershock From Debt DealA deal could lead to large sales of Treasury bills, hurt bank liquidity, push short-term rates higher and tighten the screws on a weak economy.
May 18, 2023
Fed Governor Shows He's Thinking About the Life InsurersOne of his concerns is about use of reinsurance.
May 17, 2023
Here's How Much Wealth You Need to Join the Richest 1%The world's 500 richest people have added about $600 billion to their combined fortunes this year, according to the Bloomberg Billionaires Index.
May 17, 2023
10 Best Value Stocks for Long-Term Investors: MorningstarThese companies have smart management and predictable growth and are trading cheap, Susan Dziubinski writes.