Economy & Markets
The important economic and stock market news that advisors need to know.
Social Security Funds Will Last Until 2034: CBO
By John ManganaroThe agency's new annual projection adds one year to Social Security's solvency outlook.
August 27, 2024
Consumer Confidence Hits 6-Month HighMore upbeat views of the economy and inflation offset waning optimism about the labor market.
August 26, 2024
Goldman's Rubner Sees New S&P High This Week"There is a very positive three-week equity trading window until Sept. 16," the managing director says.
August 26, 2024
Jeremy Siegel: Stock Market Shifting in New DirectionInvestors' recent move out of tech could "define the next phase of market behavior," the economist says.
August 26, 2024
Fearmongering Over Retirement 'Ruin' Misses the Point: BlanchettA recent news headline warning of catastrophic risks in a popular strategy ignores an important truth, he says.
August 23, 2024
Only 8% of Workers Say They'll Wait Till 70 for Social Security: SurveyHalf of non-retired Americans said they are concerned or very concerned about outliving their assets, Schroders reported.
August 23, 2024
Powell Says 'Time Has Come' for Fed to Cut Interest RatesAt Jackson Hole, the Fed chair affirms expectations that officials will begin lowering borrowing costs next month.
August 22, 2024
15 Cheapest States for Early RetirementThose leaving the workforce at 50 will need enough savings to see them through decades.