Economy & Markets
The important economic and stock market news that advisors need to know.
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.
August 22, 2024
El-Erian Says Market Is Pricing In Too Many Fed Rate CutsThe Fed will likely ease borrowing costs by 75 basis points this year, Allianz's chief economic advisor predicts.
August 22, 2024
Sky Is the Limit for Ambitious RIAs: Burt WhiteThe CEO discusses what's next for Carson Group and how advisors can break down barriers to growth.
August 21, 2024
What You Need to Be 'Wealthy' in 12 CitiesAmericans in 12 metropolitan areas says more net worth is required this year than in the past two years, a Schwab poll finds.
August 21, 2024
Why It's Time to Rethink the 60/40 PortfolioFactors like AI, renewable energy and shifts in longevity make a review of diversification valuable for clients, says Morgan Stanley.
August 21, 2024
How to Help Clients Navigate Bonds Before Rate CutsAs bond values rise, advisors should consider the tax impact of any sales, which often are best done within IRAs or 401(k) plans.
August 21, 2024
12 Least Livable States: 2024Job availability, housing prices and cost of living top movers' list of considerations, WalletHub research found.
August 20, 2024
15 Most Expensive Metro Areas to Buy a Luxury HomeThe typical U.S. property in the top tier recently sold for a record $1,180,000 in these cities, Redfin research found.
August 19, 2024
Wall Street Builds on $3T Stock RallyA bumpy stretch across the markets in the dog days of July and August hasn't tempered investors' zest for stocks.