Economy & Markets
The important economic and stock market news that advisors need to know.
Swiss Re Sees $408 Billion Mortality Protection Gap
By Allison BellThe reinsurer says overall 'global macroeconomic resilience' fell sharply in 2020.
June 16, 2021
Latest Blow to 60/40 Model Is Exodus of Mom and Pop PensionsThe catalyst was the pandemic, which drove low interest rates down further and cut the income investors received from bonds.
June 16, 2021
Fed Debate Moves to Bond Taper and LiftoffWall Street's focus will be on the "dot plot," which shows policymakers' projections of the target interest rate.
June 15, 2021
Carson Group Partners With FIG on Insurance SolutionsJamie Hopkins talked to ThinkAdvisor about the deal with Financial Independence Group.
June 15, 2021
Treasury Secretary Fears the Attack of the Bad Interest Rate BenchmarksAn NAIC representative said insurance regulators are ready for the death of Libor.
June 15, 2021
7 in 10 Investors See Inflation as Transitory: BofA SurveySixty-eight percent of fund managers said they did not expect a recession until 2024 at the earliest.
June 14, 2021
J.P. Morgan's Kelly: Why the Bond Market Is Ignoring InflationThere are two broad possibilities, the chief global strategist writes.
June 14, 2021
Schwab Assets Up 84% After Stock Surge, TD Ameritrade DealTotal client assets were about $7.4 trillion as of May 31, up from roughly $3.8 trillion a year earlier.