Economy & Markets
The important economic and stock market news that advisors need to know.
North America Retakes Title of HNW Capital of the World: Capgemini
By Michael S. FischerThe U.S. continued to lead this wealth growth with a 12.3% increase in 2020, the 2021 World Wealth Report found.
June 29, 2021
Fed's Rosengren Says 2022 Rate Hike in Play as Job Market HealsSeveral other Federal Reserve Bank presidents also have laid out a scenario in which the Fed would lift rates next year.
June 29, 2021
Is the Stock Market Poised for Crash, Correction or More Gains?A wide range of market strategists from Schwab, GMO, DoubleLine and elsewhere shared their market predictions.
June 28, 2021
Can the Stock Market Rally Continue? Here's What 7 Big Asset Managers ThinkThe S&P 500 keeps setting records, but inflation looms and COVID-19 is still lurking. What happens next?
June 25, 2021
Biden's Corporate Tax Rate Plan Isn't Going Away. Here's What to Know.A recent bipartisan infrastructure deal did not include a corporate tax increase as Biden had proposed, but the plan is not off the table.
June 25, 2021
Bipartisan Infrastructure Framework Includes 'Private Activity Bonds'The bonds could help life insurers cope with low interest rates.
June 24, 2021
Respect the Rotation in Equity MarketsSince the bulk of inflation is wages, it's not all transitory, and likely will continue to climb.
June 24, 2021
Biden Says He Has $559B Infrastructure DealSuccess also will hinge on whether Biden can assure progressive Democrats in the House and Senate.