Economy & Markets
The important economic and stock market news that advisors need to know.
Life Insurers Should Get Used to an Inflationary World: Fitch Economist
By Allison BellBrian Coulton's scenario could be rotten for stocks but great for clients with fixed annuities.
November 17, 2022
UBS Launches New Offering For UHNW Clients: Tech RoundupAlso, FP Alpha releases second-generation tax projection tool.
November 17, 2022
8 New Stats on How Retirement Savers Have Fared in Rocky MarketsAverage IRA balances are down nearly 25% from a year ago, Fidelity found.
November 17, 2022
Fed to Face Rising Tensions in Next Congress on Inflation and JobsThe Federal Reserve will be an easy target for lawmakers if a downturn results from its tightening campaign.
November 16, 2022
5 Views on What's Next for InflationThough higher rates of inflation will likely persist well into next year, experts believe the peak is near.
November 16, 2022
Bear Market May Have Hit Low: Josh BrownA forecast for inflation to drop by half in 2023 would be good for most market areas, Brown said.
November 15, 2022
17 Firms With Big Layoffs in 2022The tech industry shed 9,587 jobs in October, the highest monthly total since November 2020.
November 15, 2022
Stocks Soar on Cool Inflation Reading, but Does This Rally Have Staying Power?The October CPI report was a glimmer of hope, but we might not be out of the woods yet.