Economy & Markets
The important economic and stock market news that advisors need to know.
Research Affiliates' Arnott Sees 'Bubbles Galore' in Stock Market
By Bernice NapachA stock is in bubble territory when its price is based on "implausibly optimistic assumptions," he says.
May 13, 2021
Top 11 Fastest-Rising Costs for Older AmericansThe jump in inflation this past month could cause more pain for older clients.
May 13, 2021
CDC Says Vaccinated People Can Shed MasksThe Centers for Disease Control and Prevention considers someone fully vaccinated two weeks after their final dose.
May 13, 2021
Social Security Rolls Out New, Shorter StatementsThe new, shorter statement, tested on some web users, has a personalized graphic to illustrate the effects of delaying benefits.
May 13, 2021
Genworth Puts Off Mortgage Insurance Unit IPOThe insurer says mortgage insurance stocks have been too volatile lately.
May 12, 2021
Rising Inflation Spooks Markets, but Should It?Fed Chairman Jerome Powell says higher inflation will be "transitory," but some market analysts disagree.
May 12, 2021
Stocks Take Biggest Tumble Since February; Yields JumpTech stocks led the decline as the CPI report this morning added to concern that price pressures will stifle a recovery.
May 12, 2021
How Much Money Does It Take to Be Wealthy?Schwab, who asks this question every year, found the dollar amount cited by survey respondents dropped significantly from 2020.