Economy & Markets
The important economic and stock market news that advisors need to know.
Downturn Like 2008, or Worse, Is Coming: Steph Pomboy
By Dinah Wisenberg BrinThe idea of a soft landing is "absolutely laughable," the economist says.
April 18, 2023
8 Reasons to Avoid a Roth ConversionWhile generally a useful and popular strategy, Roth conversions aren't always appropriate, Ed Slott and Jeff Levine say.
April 17, 2023
Goldman, Apple Debut Savings Account With 4.15% Annual YieldThe account has no fees, minimum deposit or balance requirements and can be set up from within the Wallet app.
April 17, 2023
Bob Doll Checks In on His 10 Predictions for 2023It's too soon to call whether six of the forecaster's 10 predictions for 2023 are on track.
April 17, 2023
Was Q1 Really That Bad for Life, Health and Annuity Issuers?UnitedHealth showed Friday that year-over-year revenue growth was possible.
April 14, 2023
Schwab Faces Fresh Risks in the Zero-Fee Landscape It ShapedZero-fee trading paved the way for its $26 billion purchase of TD Ameritrade, but also knocked out a sizable revenue stream.
April 14, 2023
Schwab's Top Investor Exits $1.4B Stake: ReportSchwab shares have lost nearly a third of their value since March 8, with some analysts expecting its earnings to suffer.
April 13, 2023
Capital Group to Launch 3 More Active ETFsThe parent company of American Funds says the ETFs are the first of several new strategies, with more set to launch in the fall.