Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Skyrocket on Inflation Relief Rally
By Stephen KirklandOver 96% of stocks in the S&P 500 rose as the benchmark staged its best first-day reaction to a CPI report since 2003.
November 09, 2022
Political Gridlock 'Not Good News' for Today's Markets: El-ErianUnlike in 2010, "This time around, the Fed cannot step in and provide stimulus," the economist said.
November 08, 2022
How Fund Capital Gains Could Hurt Investors — Even With Market LossesMany funds have had redemptions due to market weakening in 2022 and have sold assets to meet demands for cash, explains Morningstar's Stephen Welsh.
November 08, 2022
Portfolio Outlook Is the Best Since 2010: JPMorgan's KellyStrategist David Kelly and colleagues also say investors should stick with 60/40 portfolios, which are poised to recover in about three years.
November 08, 2022
An Investing Guide to the Midterm ElectionsFor sectors like health, energy and tech, the makeup of the next Congress will be key to determining their path forward.
November 08, 2022
10 Risks That Could Crash the Global Economy in 2023These scenarios could have a huge impact on economic growth in the new year.
November 08, 2022
Election Day to Deliver Verdict on Biden Agenda, EconomyWith inflation concerns at the top of voters' minds, Biden confronts tough odds of preventing a Republican takeover of one or both chambers of Congress.
November 07, 2022
Short-ARKK Fund Celebrates First Birthday Up 110% Since LaunchThe $361 million AXS Short Innovation Daily ETF has the second-best performance of some 450 ETFs that launched over the past year, Bloomberg data show.