Economy & Markets
The important economic and stock market news that advisors need to know.
12 Cities Where It Takes the Most Income to Be Middle Class
By Michael S. FischerThe median income needed to enter this group in big cities increased to $74,225, SmartAsset research found.
May 13, 2025
Optimism Is Back as Stocks Rally on China Tariff DealEd Yardeni boosts his S&P forecast, while bullish Jeremy Siegel notes stock optimism assumes tariff resolution.
May 13, 2025
These 10 States Are Most Vulnerable to a Recession, Study FindsThe majority of the weakest states are in the South and Mountain regions, National Business Capital researchers found.
May 12, 2025
Morgan Stanley’s Wilson Warns Stocks Are Not Yet in the ClearA more "dovish Fed" and a 10-year yield below 4% "without recessionary data have yet to materialize," he said.
May 12, 2025
S&P 500 Soars as U.S., China Agree to Slash Tariffs“Investors and money managers are taking the worst case recession scenarios ... off the table,” said one portfolio manager.
May 12, 2025
House Tax Panel Releases Partial Version of Trump BillMany proposals that Republicans have been discussing recently, like a tax hike for millionaires, are absent from the bill.
May 08, 2025
HNW Families Need Advice on Wealth TransferIn an RBC Wealth survey, 65% of wealth "givers" and 94% of receivers said they wanted professional help.
May 07, 2025
Does the ‘Plain Vanilla’ 60/40 Portfolio Really Need More Flavor?A U.S. stock/bond mix has outperformed more diversified blends, but some advisors prefer to spice it up.