Economy & Markets
The important economic and stock market news that advisors need to know.
SEC Set to Allow Bitcoin Futures ETFs as Deadline Looms
By Katie Greifeld, Vildana Hajric and Ben BainThe regulator isn't likely to block the products from starting to trade next week, said people familiar with the matter.
October 13, 2021
Don't Expect Big Social Security COLAs to Become a TrendStephen Goss of the Social Security administration gave perspective to Wednesday's 2022 COLA announcement.
October 13, 2021
Bill Gross Says Bond Market 'No Disaster,' Sees 10-Year Yield at 2%Even if bonds are likely to suffer losses, they still have a role to play in portfolios given the economic uncertainties, the PIMCO co-founder says.
October 12, 2021
BofA Warns of 'End to 60/40' PortfoliosThe recent synchronized selloff of equities and Treasuries could be just the start of what's to come for the popular stock-bond portfolio strategy, strategists warn.
October 12, 2021
Only Half of Institutional Investors Expect to Meet Target Returns by 2025: FidelityRespondents widely said they had been forced to take on more risk to achieve the same level of return.
October 12, 2021
15 Highest-Paid CEOs in Financial Services: 2021As the stock market ballooned, so did top execs' pay packages.
October 11, 2021
Gensler's Terrible 10: SEC Rules That Make Wall Street TrembleThe SEC chair is laying out one of the most ambitious agendas in the SEC's 87-year history -- some 49 proposals, many already drawing opposition.
October 11, 2021
Goldman, JPMorgan Say Buy the Dip as Inflation Is TransitoryThe strategists expect the surge in consumer prices, fueled by higher energy costs, will fade.