Economy & Markets
The important economic and stock market news that advisors need to know.
Bonds Beat Stocks at Pension Funds, Turning 60/40 Inside Out
By Liz Capo McCormick and Lu WangRetirement funds of 100 top public companies, with combined assets of some $1.8 trillion, have ratcheted up fixed-income allocations to a record level.
April 30, 2021
Has the SPAC Spigot Finally Run Dry?The days of 20 or 30 new SPACs each week may be behind us. And that isn't necessarily a bad thing, experts say.
April 29, 2021
The 2 Big Questions Barry Ritholtz Is Hearing NowThe Ritholtz Wealth Management co-founder tells ThinkAdvisor what his clients are asking about and what he's watching in markets.
April 29, 2021
Biden Tax Proposal Would Kick In at Over $500K for CouplesThe new top 39.6% tax bracket, proposed in the American Families Plan, would encompass less than 1% of taxpayers, says a White House official.
April 29, 2021
Shirl Penney: Why Biden's Tax Plans Could Push More RIAs to Sell NowDynasty Financial Partners' CEO weighs in on topics from Bitcoin and going back to the office to the All Blacks rugby team and horse racing.
April 29, 2021
Carson Group Seeks to Sell a Minority StakeCEO Ron Carson insists, though, that the RIA doesn't "want to end up being sold to Goldman Sachs."
April 28, 2021
Fed Upgrades View of Economy While Keeping Rates Near ZeroFed Chairman Powell said the recovery has been faster than expected but "remains uneven and far from complete."
April 28, 2021
Should Lawmakers Block Biden's Infrastructure Bill Over SALT Cap?Two professors debate whether the $10,000 cap on the deduction for state and local taxes should be repealed.