Economy & Markets
The important economic and stock market news that advisors need to know.
12 Best States for Millennials to Live: 2021
By Michael S. FischerMillennials, who came of age during the financial crisis, have thrived in some places and struggled in others, WalletHub reports.
May 25, 2021
Where to Find Stock Opportunities as the Economy Heats UpRight now, I prefer economically sensitive cyclical stocks and companies with operating leverage. .
May 25, 2021
Negative Stock-Bond Correlation Won't Last ForeverFrom the 1960s to the 1990s, stock and bond prices moved in the same direction. Why the shift? PGIM took a look.
May 25, 2021
What 'Wealth' Really Means to 4 Different GenerationsBoston Private examines how the definition changes throughout life and how the pandemic has shifted perceptions.
May 25, 2021
Advisors Preferred Munis and High Yield in Q1: PGIM SurveyIn contrast, advisors were avoiding U.S. Treasurys, the firm reports.
May 24, 2021
Ray Dalio: Bitcoin's 'Biggest Risk Is Its Success'The billionaire investor says he prefers Bitcoin to U.S. government bonds.
May 24, 2021
Fed to Research Central Bank Digital CurrencyFederal Reserve Governor Lael Brainard says a CBDC "should complement and not replace currency and bank accounts."
May 21, 2021
BNY Mellon U.S. Master Trust Universe Posts 2.5% Q1 ReturnEndowments continue to outperform other types of plans, BNY Mellon reported.