Economy

Displaying 2818 results

Topic

El-Erian says Fed should recognize inflation isn’t transitory

Allianz's chief economic adviser suggests the central bank 'ease your foot off the accelerator starting now.'

Topic

Wall Street breathes sigh of relief as Powell gets second Fed term

Wall Street had been anxiously awaiting Biden’s picks. The Fed’s monetary policy has encouraged investors to take on more risk and pushed stock, housing and other asset prices higher.

Topic

On inflation, advisers hope for the best, prepare for the worst

With inflation spiking to a 31-year high, financial advisers are taking action in client portfolios.

Topic

Navigating the uncertainty around tax changes

Many advisers are telling clients to wait until the smoke clears on Capitol Hill before making major tax planning decisions.

Topic

Tax proposals axed from the Build Back Better Act

As the Senate gets to work, advisers will be keeping their eyes on Washington. The tax reform ground could shift again as lawmakers take up the bill.

Topic

Robo-advisers brace portfolios for rising inflation

As the stock market slowed in the third quarter, investors continued to process multiple market influences underscored by supply chain disruptions and pent-up demand from reopening economies.

Topic

Hedging inflation requires tiptoeing through TIPS

Treasury inflation-protected securities have become the hottest ticket in 2021 as messages about 'transitory' inflation clash with reality.

Topic

Stock market continues climb, but ride could get bumpier: Bob Doll

'I can't say it enough. Inflation is the key issue,' said Doll, who's chief investment officer at Crossmark Global Investments.

Topic

Charles Schwab strategists put inflation in perspective

Jeffrey Kleintop and Liz Ann Sonders scrambled to highlight the silver linings of inflation at the Schwab Impact annual conference held virtually this week.

Topic

Goldman says cash pile will drive equity allocations to new high

Record allocations by households, foreign investors, mutual and pension funds are set to climb even higher in 2022, Goldman strategists led by David Kostin wrote in a note Friday.

Topic

Inflation expectations among consumers hit new highs

A Fed survey shows U.S. household expectations for inflation one year ahead rose to 5.3% in September from 5.2% in August, while median expected inflation three years ahead rose to 4.2% from 4%.

Topic

Goldman cuts US growth forecasts into 2022

The two main challenges to growth in the medium-term were a slowing of fiscal support and the need for spending on services. The declines were mostly offset by upgrades to projections for the following two years.

Topic

Crypto gains appeal as inflation hedge

Research shows that investors in digital currencies also see inflation as a longer-term reality.

Topic

Don’t worry about inflation, but do prepare for it

Portfolio managers debate the best way to hedge inflation risk while also downplaying the likelihood of rising prices.

Topic

Powell says Fed taper could start ‘soon,’ end around mid-2022

The central bank could start scaling back its asset purchases in November, the Fed chairman said, after policy makers revealed a growing inclination to raise interest rates next year.

Topic

Inflation expectations hit 4% among consumers, Fed says

Consumers' medium-term outlook for inflation rose to the highest level seen since the Federal Reserve Bank of New York began its survey series in 2013.

Topic

How inflation affects Social Security, Medicare and taxes

Higher benefits resulting from a cost-of-living adjustment could be offset by bigger Medicare premiums and larger tax bills.

Topic

Stocks sink as virus worries fuel flight to safety

In a reversal of the reopening trade that has powered this year's equity rally, cyclical companies bore the brunt of Monday's sell-off.

Topic

Social Security COLA likely to top 6% in 2022

Continued inflationary pressures could result in the largest cost-of-living increase in benefits since 1983.

Topic

New ‘bond alternative’ ETF targets nervous income investors

Innovator Defined Wealth Shield ETF offers 20% downside protection but caps annual gains at 2.8%.