Economy & Markets
The important economic and stock market news that advisors need to know.
60/40 Blend May Rebound This Year: Wells Fargo
By Dinah Wisenberg BrinThe Wells Fargo Investment Institute also expects the S&P 500 to rise 15%.
January 18, 2023
Be Ready for Bigger Stock Gains in 2023: Carson's DetrickCarson Group's chief market strategist tells ThinkAdvisor what he got right in 2022 and what to expect now.
January 18, 2023
BofA Freezes Most HiringThe bank will hold off on adding new workers in some business units until at least mid-year or signs of an economic turnaround.
January 17, 2023
Creative Planning Taps Charlie Bilello as Chief Market StrategistBilello founded and led Compound Capital Advisors before joining Peter Mallouk's firm.
January 17, 2023
Morgan Stanley Beats Estimates as Wealth Management Hits RecordThe wealth and asset management unit produces over half of its revenue, with year-end assets standing at $4.19 trillion.
January 17, 2023
12 Best States to Start a BusinessAccess to financing, skilled workers and affordable office space can help new ventures launch and thrive.
January 13, 2023
How Advisors Can 'Recession-Proof' Portfolios in 2023As the new year brings continued market volatility, advisors should be proactively exploring how to protect client assets.
January 13, 2023
10 Most Overvalued Stocks in 2023A wide range of sectors were represented, with energy stocks taking multiple spots among the most overvalued.