Economy & Markets
The important economic and stock market news that advisors need to know.
James Cayne, CEO for Bear Stearns Rise and Fall, Dies at 87
By Laurence ArnoldUntil 2007, Cayne was among Wall Street's brightest stars; when the firm ran out of money in 2008, the then-chairman was at a bridge tournament.
December 28, 2021
Why the Bull Market Keeps RunningThe S&P 500 has stood relatively firm, hovering within 4% of its all-time high thanks to strength on the bottom line.
December 27, 2021
JPMorgan Says Investors Too Bearish, Doesn't See Stock SelloffInvestors have been treating mega caps as safe-havens, or "pseudo-bonds," the strategists wrote.
December 23, 2021
Super-Luxury Home Sales Surge Across U.S., Rising 35% in 2021For all the talk about the rich leaving high-tax states, New York still topped the list for the number of sales over $50 million, with 13; Florida had 11.
December 23, 2021
25 Best Stocks of 2021: MorningstarEnergy, tech and consumer cyclical stocks make up more than half of the top-performing stocks in Morningstar's coverage list this year.
December 23, 2021
Kotlikoff: Conventional Investment Advice Is 'Bait and Switch'The economist says selling products while giving advice is a huge conflict; he also views the Fed's concerns about inflation as "cheap talk."
December 22, 2021
What Bond Strategists Recommend Now: 2022 OutlookThe bond market next year will turn largely on COVID, the Fed and the fate of Biden's economic plan.
December 22, 2021
Harry Dent's Stock Market, Economic Predictions, 1999-2021: How Did They Turn Out?While the "Contrarian's Contrarian" made a name for himself on some correct calls, he has frequently missed the mark.