Economy & Markets
The important economic and stock market news that advisors need to know.
BlackRock Strategists: Move Toward High-Quality Bonds
By Dinah Wisenberg Brin"We prefer investment grade credit over equities ... with higher volatility taking shape," the BlackRock Investment Institute said.
August 08, 2022
Stocks Have Not Reached Bottom Yet: Bob Doll"We believe the equity market rally is ... nearing its peak," said Crossmark Global Investments Chief Investment Officer Bob Doll.
August 08, 2022
Where 11 Advisors Are Telling Clients to Park Their Cash: Advisors' AdviceNow's a good time to discuss if clients can get higher returns in short-term investments and bank products.
August 08, 2022
Google Trends Is Now an Arbiter of Economic DownturnsTalk of recession not only tells you what's happening on the ground but also raises a recession's probability by scaring businesses and consumers.
August 08, 2022
Warren Buffett Buys the DipBerkshire Hathaway was a net buyer of equities in the quarter, reporting $3.8 billion in purchases.
August 07, 2022
Winners and Losers in Democrats' Signature Tax and Energy BillHere's a look at which groups and politicians come out on top and who takes a hit from the landmark bill, which now moves to the House.
August 05, 2022
Meet 5 Doomsayers Who Say the Economy Will Keep ShrinkingThe pessimists were right last time; here's why the gloomiest forecasters in Bloomberg's survey expect the U.S. economy to keep shrinking.
August 05, 2022
Pimco Clients Pull $29B as Rate Hikes Hit Bond Funds"Pimco is in the eye of the Fed hike storm and will likely be a much smaller company when all is said and done," said Bloomberg's Eric Balchunas.