Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Debt Is Massive, Expanding and Under Control
By Gary ShillingFears of a a "debt bomb" are not backed up by the numbers.
March 04, 2022
Los Angeles Mega-Mansion Sells for $141M at AuctionThe 21-bedroom, 49-bath Bel Air hilltop estate — dubbed "The One" — had a list price of $295 million.
March 04, 2022
Inflation, Supply Chain Problems Dim U.S. Economic Outlook: AICPAThe cost of raw materials, salaries and benefits were also among executives' concerns, a new survey found.
March 04, 2022
Value Manager Says of ARKK: Don't Buy Now!Asset manager Christopher Bloomstran argues that ARKK is a bad investment, even at current lows.
March 04, 2022
Credit Suisse, UBS Wealth Clients Face Margin Calls on Russian AssetsSwiss banks are asking rich clients to post more collateral after cutting lending values on Russian securities, say people familiar with the matter.
March 03, 2022
15 Hardest-Working Cities in America: 2022WalletHub analyzed factors like length of workweek, unused vacation time and the share of workers with multiple jobs.
March 03, 2022
10 Best Robo-Advisors: Q4 2021Backend Benchmarking's ranking includes both qualitative factors and performance metrics.
March 03, 2022
Female Investors Become More Proactive in Financial PlanningCOVID-19 has significantly influenced how women viewed their finances, a Nationwide Retirement Institute study found.