Michael M. Santiago | Getty ImagesThe U.S. stock market has been swooning. But there are risks that threaten to put a lid on the euphoria.The three "primary" risks are Federal Reserve policy, a surprise recession and lower-than-expected results on companies' earnings, David Rosenberg, founder and president of economic consulting...
Longhua Liao | Moment | Getty ImagesSome investors may worry about market volatility ahead, given a contentious presidential race, lingering inflation, sinking consumer sentiment and uncertainty over Federal Reserve interest rate cuts.Financial analyst Tom Lee has a more optimistic outlook."Since Covid, companies went through a huge stress test, and...
People walk outside of the New York Stock Exchange on July 25, 2022 in New York City.Spencer Platt | Getty ImagesThe S&P 500 climbed to yet another record close on Tuesday.The index — which tracks the performance of around 500 of the largest U.S. company stocks — has jumped...
Sean De Burca | The Image Bank | Getty ImagesThere's a growing debate over how higher taxes on the wealthy affect interstate migration trends — and some experts say millionaire tax flight is underway."Taxes are an important part of this puzzle," said Jared Walczak, vice president of state projects...
Joe Biden and Donald Trump 2024.Brendan Smialowski | Jon Cherry | Getty ImagesThe stock market has yet to price in a potential outcome in the presidential election, a rematch between President Joe Biden and former President Donald Trump.In general, election years are not great for the stock market leading up...
Skynesher | E+ | Getty ImagesNew technologies have given people access to more information and new tools to manage their money.Robo-advisors can build and rebalance portfolios based on customer preferences. However, automation doesn't factor in people's emotional needs.Experts say adding behavioral science to investing knowledge can help financial advisors...
The U.S. economy has remained remarkably strong.Boosted by a strong labor market, the country has continued to expand since the Covid-19 pandemic, sidestepping earlier recessionary forecasts even after a series of Federal Reserve interest rate increases.And yet, consumer sentiment recently sank to a six-month low.That disconnect is what Joyce Chang, J.P. Morgan's chair of global...
Greg Hinsdale | The Image Bank | Getty ImagesFor registered investment advisors, advancements in artificial intelligence have brought to the surface lingering feelings of unease that many advisors have had since the robo-advising boom of the early 2010s.The AI explosion has dovetailed with Thomas Moore's time as the director...
DETROIT, MI - APRIL 29: A fan trades a baseball card on the trade wall during the 2023 Topps Truck Tour promotion outside of Comerica Park during game one of a doubleheader between the Baltimore Orioles and the Detroit Tigers at Comerica Park on April 29, 2023 in...
Halfpoint Images | Moment | Getty ImagesSupporting aging parents is an extremely difficult situation that comes with both emotional and financial complications.The cost of long-term care insurance is a prime example.This insurance, essential for covering costs not typically included in standard health insurance or Medicare, such as nursing home...