Economy & Markets
The important economic and stock market news that advisors need to know.
January 19, 2024
S&P 500 Hits All-Time High in Historic Bull RunMarkets are overpricing the pace and amount of Fed-rate cuts while overlooking stubbornly high inflation, warns economist Mohamed El-Erian.
January 19, 2024
10 Best Dividend Stocks for 2024: MorningstarThe best dividend stocks are not just the highest-yielding ones, analysts say.
January 19, 2024
JPMorgan Lifts CEO Jamie Dimon's Pay to $36M for 2023The bank had a record profit of $49.6 billion last year, boosted by interest rate hikes and its purchase of First Republic Bank.
January 18, 2024
Congress Approves Funding to Avert Government ShutdownThe short-term package gives lawmakers time to finish talks on annual funding for the fiscal year that began Oct. 1, 2023.
January 18, 2024
Just How Stressed Are Retirement Savers?Inflation has dropped from worrying highs, but that doesn't mean that all investors feel a whole lot better.
January 17, 2024
Why Do Clients Really Ignore Advice on Annuities?Are advisors' recommendations really being ignored? David Blanchett suggests other factors could be at play.
January 17, 2024
6 Investing Tips for a Volatile 2024: Advisors' AdviceAdvisors told us how they're helping clients prepare for whatever 2024 throws at them.
January 17, 2024
10 Best Markets for First-Time Homebuyers: 2024New buyers may have their best luck in some unexpected places, Realtor.com research suggests.
January 17, 2024
JPMorgan to Hire This Year on Wealth, Dealmaking RevivalUnlike some rivals, "the number of people we employ has been growing and not shrinking," said President Daniel Pinto.
January 17, 2024
Schwab Slides as CEO Flags Its Most Challenging Time Since 2000"No one at Schwab is kidding themselves that everything is perfect right now," said CEO Walt Bettinger.