Economy & Markets
The important economic and stock market news that advisors need to know.
RIAs’ Market Optimism Ticks Up: Survey
By Michael S. FischerYet 48% still see a moderate or high likelihood of recession within a year, Security Benefit found.
January 17, 2025
Goldman Gives CEO Solomon $80M to Stay Put, Hikes Pay 26%The retention awards for both him and President John Waldren entail no stock-performance metrics.
January 17, 2025
U.S. Bull Market in 7th Inning: Fidelity's TimmerTwo firm leaders say stocks could face more pressure this year; another sees an "intriguing" equities setup.
January 17, 2025
Surging Rates Stoke GOP Tensions on Paying for Tax CutYields on 10-year Treasurys are double what they were just before Trump started his first term.
January 16, 2025
Top 12 Counties for Disposable IncomeHere's where families had the most money left to spend after paying for necessities, according to SmartAsset.
January 16, 2025
Capital One Customers Report Missing Direct DepositsCustomers are complaining that expected direct deposits are missing; the bank says it is fixing technical problems.
January 16, 2025
BofA Boosts Earnings on Strong Loan Income“Every source of revenue increased ... ” in the quarter, said CEO Brian Moynihan.
January 16, 2025
Morgan Stanley Profit Doubles to $3.7BIn wealth management, net new assets fell just shy of estimates though revenue topped expectations.