Economy & Markets
The important economic and stock market news that advisors need to know.
El-Erian: Fed Can't Reach 2% Inflation Without Crushing Economy
By Victoria CavaliereThe Fed should set a higher target of 3% to 4%, the economist says.
February 17, 2023
Stocks May End 2023 Higher After Bumpy Trip: Dana D'AuriaAdvisors should look at how they can personalize client portfolios at scale, said Envestnet's co-CIO.
February 17, 2023
Goldman, BofA See Fed Extending Rate Hikes Into JuneIt is "hard to ignore" stronger employment data, Bank of America economists said in a note.
February 17, 2023
Older Americans Are Richer Than Thought: Census BureauA change in measurement techniques suggests older Americans have more income than thought — and younger Americans less.
February 16, 2023
Ron Surz's Big Bond Market Short"There are ways to make money on bad things," the Target Date Solutions president tells ThinkAdvisor.
February 16, 2023
3 Ways to Capitalize on Annuities' Surging Popularity: CerulliThe research group suggests more long-term care hybrids, among other ideas.
February 16, 2023
15 Safest Cities in America: 2023Many of the safest cities are relatively affordable to live in, according to SmartAsset.
February 16, 2023
3 Reasons Markets Could Get Worse Before They Get BetterA Bank of America strategist expects some risky events this year but says there are bright spots to be found.