Economy & Markets
The important economic and stock market news that advisors need to know.
How Asset Managers Seek to Grow in 2024 and Beyond
By Michael S. FischerA marked shift in priorities to a client-centric approach from cost control has occurred, Northern Trust found.
July 12, 2024
Research Affiliates CIO Raises Private Credit ConcernsQue Nguyen, the investment firm's head of equity strategies, also says AI could be in the early bubble stage.
July 12, 2024
Big Bank Stocks Stumble After Earnings MisstepsWells Fargo headed for its worst earnings-day drop Friday in more than three years after its net interest income missed estimates.
July 12, 2024
S&P 500 Climbs as 90% of Its Shares Push HigherStocks hit fresh all-time highs as the latest economic data reinforced bets the Federal Reserve will cut rates in September.
July 12, 2024
RIAs Look to Automation, Multiple Custodians to Spur GrowthSixty-four percent of advisors in an Interactive Brokers survey reported using at least two custodians.
July 10, 2024
8 Big Retirement Planning Gaps, Despite Rising ConfidenceA new BlackRock survey finds both fast-rising optimism and unmet planning needs.
July 10, 2024
S&P 500 Tops Historic 5,600 Mark as Big Tech SoarsThe options market is betting the S&P 500 Index will move 0.8% in either direction Thursday when CPI data for June is released.
July 10, 2024
Follow Harry Dent at Your Own PerilThe economist is predicting an 86% stock drop. But he has been consistently wrong for 30 years.