Economy & Markets
The important economic and stock market news that advisors need to know.
The $6.3T Money-Market Industry Just Got Its First ETF
By Katie Greifeld & Emily GraffeoThough interest rates are coming down, Texas Capital sees an opportunity to capitalize on the still-strong demand for cash.
September 25, 2024
U.S. Annuity Issuers Have a Firm Grip on the Assets: S&P GlobalOne challenge is that their recent growth has been just too good.
September 24, 2024
Goldman Sachs' Kostin Sees S&P 500 Hitting 6,000 Next YearThe runway is clear for the stock market to keep powering higher once the presidential election is decided, says the equity strategist.
September 24, 2024
Strong Stock Market Pushes Up Annuity AssetsOverall growth was slower than for the total retirement asset pie, according to new ICI figures.
September 24, 2024
Fidelity Says Advisors' ETF Use Rose Sharply This Year. Here's Why.Growth in active ETFs is helping drive a shift toward greater ETF use overall, Fidelity found.
September 24, 2024
10 Cities With the Most Ultra-Wealthy ResidentsThe number of people with $30 million or more in the U.S. rose 13% in 2023, according to Altrata.
September 23, 2024
The 60/40 Portfolio Isn't Dead. But Is It Enough?To enhance client portfolios, advisors might want to look beyond stocks and bonds.
September 23, 2024
20 Best-Paying College Majors: 2024Payscale collected data on 763 majors at some 2,400 colleges and universities across the U.S.