Economy & Markets
The important economic and stock market news that advisors need to know.
Robinhood Falls in Debut as Retail Investors Keep Distance
By Crystal Tse, Katie Roof and Annie Massa"It looks like nobody wants to touch it," said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors.
July 27, 2021
Avoid These Behavioral Traps When Markets SlumpEconomic growth is likely to slow from peak levels in the coming months. Coach your clients to avoid these common impulses.
July 27, 2021
El-Erian: Fed Will Punt on Economy, Inflation and Asset PricesOn Wednesday, it will likely say it's time to "start thinking about thinking about" tapering its monthly asset purchases.
July 27, 2021
COLA Wars: Will Congress Change How Social Security Raises Are Calculated?The fate of a recent Social Security bill is uncertain. Meanwhile, an index tracking seniors' costs is rising more slowly than the broader index.
July 26, 2021
Delta Variant Shouldn't Hurt U.S. Stocks, Strategists Say"The new strain should not pose a major market risk," write Goldman Sachs strategists led by David Kostin.
July 23, 2021
Goldman: What Family Offices Do DifferentlyThese investors benefit from a lack of defined investing timelines and the absence of outside interference, the survey found.
July 23, 2021
Millennials Getting Raises Have Retiring Boomers to ThankWages are rising and workers are quitting in large numbers because the working-age population is shrinking.
July 21, 2021
Bob Doll Checks In on His 10 Predictions for 2021Few of Doll's predictions were 100% correct. The forecaster, now CIO of Crossmark, gives some updates.