Economy & Markets
The important economic and stock market news that advisors need to know.
Shilling: Bear Market 'Puke Point' Is Quite a Way Off
By Dinah Wisenberg Brin"Hopes that the bear market in stocks has largely anticipated a recession are no doubt premature," the economist said.
August 16, 2022
Biden Signs $437B Tax-Climate BillIt injects $80 billion into the IRS and imposes a 15% minimum tax on large corporations and a 1% excise tax on stock buybacks.
August 16, 2022
Is a New Bull Market Underway?Two better-than-expected inflation reports and recent market gains have two LPL strategists guardedly optimistic.
August 16, 2022
Investors Still Bearish, But Hopes Edge Upward: BofAStagflation and recession remain serious concerns, but 88% expect lower inflation in the next year, the survey finds.
August 16, 2022
What Buffett's Berkshire Bought, Sold in Q2Buffett's firm made $3.8 billion in net stock purchases during the second quarter, down from $41 billion in the prior period.
August 16, 2022
Debate: The New 1% Tax on Stock BuybacksTwo tax experts offer differing views regarding the likely effects of the stock buyback tax, which should be signed into law today.
August 15, 2022
BofA Says This Fed Move Would Shave 7% Off S&P 500A new study by a Federal Reserve Bank of Atlanta, though, found the action could have a relatively modest impact on the economy.
August 15, 2022
10 Most Undervalued REITs: MorningstarThanks to their steep share-price declines, many of these high-yielding stocks are now trading at big discounts, analysts say.