Economy & Markets
The important economic and stock market news that advisors need to know.
Housing Wealth Puts Millennials Closer to Retirement Readiness
By John ManganaroEarlier generational shortfalls have closed thanks to a big jump in the value of their homes.
August 28, 2024
Buffett's Berkshire Hathaway Tops $1 Trillion in Market ValueThe company's stock has gained 30% in 2024, not far behind the so-called Magnificent Seven.
August 27, 2024
Consumer Confidence Hits 6-Month HighMore upbeat views of the economy and inflation offset waning optimism about the labor market.
August 26, 2024
Goldman's Rubner Sees New S&P High This Week"There is a very positive three-week equity trading window until Sept. 16," the managing director says.
August 26, 2024
Jeremy Siegel: Stock Market Shifting in New DirectionInvestors' recent move out of tech could "define the next phase of market behavior," the economist says.
August 26, 2024
Fearmongering Over Retirement 'Ruin' Misses the Point: BlanchettA recent news headline warning of catastrophic risks in a popular strategy ignores an important truth, he says.
August 23, 2024
Only 8% of Workers Say They'll Wait Till 70 for Social Security: SurveyHalf of non-retired Americans said they are concerned or very concerned about outliving their assets, Schroders reported.
August 23, 2024
Powell Says 'Time Has Come' for Fed to Cut Interest RatesAt Jackson Hole, the Fed chair affirms expectations that officials will begin lowering borrowing costs next month.