Economy & Markets
The important economic and stock market news that advisors need to know.
Biden Unveils Revamped Tax, Spending Plan With New Taxes on Millionaires
By Josh Wingrove and Erik WassonThe $1.75 trillion package includes additional tax on incomes above $10 million.
October 26, 2021
BofA Strategists See 7% Stock Drop by Year-EndHere's why they're targeting 4,250 for the S&P 500.
October 25, 2021
33 Undervalued Stocks for Q4: MorningstarThese specific stocks across 11 sectors are among Morningstar analysts' best picks.
October 25, 2021
J.P. Morgan's Kelly: 'Year of Momentum' to Give Way to 'Year of Valuation'The chief global strategist reminds investors: "Stocks are not guaranteed to go up every year."
October 22, 2021
Should Annuity Buyers Time the Market?In market terms, there's no "good" or "bad" time to buy an annuity, but certain factors can affect payouts.
October 22, 2021
Top 10 States Where Real Estate Investors Are Buying Up HomesInvestors' purchases accounted for 15.4% of U.S. home purchases in the second quarter, RealtyTrac reported.
October 22, 2021
Powell: 'I Do Think It's Time to Taper'Although the Fed chairman, is concerned about rising inflation he doesn't think it's time to raise interest rates.
October 22, 2021
Goldman: Stocks Will Keep Climbing Because There Is No AlternativeCash rates are zero, bond yields are often lower than stock dividend yields and bond spreads are set to widen.