Economy & Markets
The important economic and stock market news that advisors need to know.
12 Asset Class Return Predictions for 2023 and Beyond
By Michael S. FischerBNY Mellon's capital market assumptions forecast returns across several asset classes to be higher than previously expected.
December 02, 2022
11 Most Expensive Cities in the World: 2022As prices soar around the world, three U.S. cities rank among those with the highest cost of living.
December 01, 2022
Stocks Could Climb in December and Beyond: Carson's DetrickThe bear market likely hit its low in mid-October, strategist Ryan Detrick writes.
December 01, 2022
5 Basic Finance Lessons Many Clients (and Some Advisors) Forgot This YearMichael Finke and David Blanchett dig into the lessons offered up by the "spectacular decline" in the value of cryptocurrencies.
December 01, 2022
8 Stocks That Are Cheap Now: MorningstarWhile most stocks are above bear-market lows, a few have hit attractive levels recently, according to analysts.
December 01, 2022
Morgan Stanley Plans 'Modest Cuts': ReportJob cuts at financial firms have more than doubled in 2022 from a year ago, according to an outplacement firm.
November 30, 2022
Stocks Soar on Powell's Remarks About Tightening SlowdownThe S&P 500 closed at a two-month high, while the Nasdaq 100 jumped about 4.5% on the news.
November 30, 2022
Self-Directed 401(k) Balances Dipped in Q3: SchwabAccount balances for self-directed brokerage accounts in Q3 were down nearly 20% from a year ago.