Economy & Markets
The important economic and stock market news that advisors need to know.
Treasury Sold More I Bonds In October Than All of 2021
By Dinah Wisenberg BrinNearly $1 billion worth of I bonds were sold Friday alone amid a rush to buy before rates reset.
October 31, 2022
Markets Rallying Prematurely on Fed Pivot Hopes: BlackRockBlackRock also predicts a recession will keep stocks from enjoying the lift they usually see after U.S. midterms.
October 31, 2022
How Much Income You Need to Rent an Apartment in 15 Major CitiesRecent rent hikes could be sending some of your clients looking for a cheaper place to live.
October 31, 2022
We Should Just Accept We're Going to Have a Blah EconomyIt's just as likely we'll slog along in uncertainty as it is that inflation will lead to a deep recession.
October 31, 2022
Investors' Confidence Cratered in Q3: J.D. PowerGrowing concern about the ability to keep up with inflation has led to the decline in investor confidence.
October 28, 2022
54% of Consumers Have Cut Retirement Savings Due to Inflation: Allianz LifeThe share of millennials that reported stopping or reducing retirement savings because of inflation was even higher.
October 28, 2022
Jeremy Siegel Expects Fed to Pivot SoonSiegel expects the Fed to acknowledge "there has been a tremendous amount of progress made on inflation."
October 28, 2022
Recession-Proofing Your Clients' Retirement PortfoliosAdvance planning is the only real way to mitigate the pain of a market downturn and recession for retirees.