Economy & Markets
The important economic and stock market news that advisors need to know.
Noting Buffett's Cash Hoard, Bob Doll Warns of Stock Pressure
By Dinah Wisenberg BrinBerkshire Hathaway's cash allocation is at a 35-year high, the Crossmark prognosticator notes.
November 15, 2024
Chicago Nixes Property Tax HikeThe plan aimed to raise $300 million in property taxes to help close a budget gap of nearly $1 billion.
November 14, 2024
12 Cities Where Social Security Runs Out FastestMarried couples' benefits are stretched thin in these high-cost areas, research by GOoBankingRates found.
November 13, 2024
JPMorgan's Kelly Says Trump Tariffs to Hit Growth, Fan Inflation"The first smoke signals suggest that the tariff approach will be very aggressive," Kelly told Bloomberg Television.
November 12, 2024
Jeremy Siegel Sees Bull Market Charging Into 2025But investors should watch developments on tariffs and the federal budget deficit under Donald Trump, the economist says.
November 11, 2024
Fidelity Assets Reach $15T in Third QuarterFidelity's assets under administration surged 30% year over year.
November 11, 2024
S&P 500 Will Soar 66% to 10,000 By End of Decade: YardeniThe strategist has lifted year-end targets to 6,100 for 2024, 7,000 for 2025 and 8,000 for 2026.
November 11, 2024
Who Might Succeed Gensler as SEC ChairRichard Farley of Kramer Levin Naftalis & Frankel and Norm Champ of Kirkland & Ellis are among the contenders.