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, JPMorgan’s chair of global research, calls a “vibecession.”

Joe Biden and Donald Trump 2024. Brendan Smialowski | Jon Cherry | Getty Images The 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 to voting day,

Sean De Burca | The Image Bank | Getty Images There’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 for the Tax Foundation,

People walk outside of the New York Stock Exchange in New York City on July 25, 2022. Spencer Platt | Getty Images The S&P 500 climbed to yet another record close on Tuesday. The index, which tracks the performance of about 500 of the largest U.S. company stocks, has jumped 53% since inflation peaked in 2022,

Michael M. Santiago | Getty Images The 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 firm Rosenberg Research &

Greg Hinsdale | The Image Bank | Getty Images For 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 of Betterment for Advisors.

Eva-katalin | E+ | Getty Images It is common folklore, a fairy tale of sorts, that middle-class Americans received perpetual relief in the Tax Cuts and Jobs Act of 2017. First, property taxes generate 32% of state and local income, and U.S. median single-family home property taxes have risen by more than 25% since 2019.

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 Detroit, Michigan. The Tigers defeated the Orioles

Bill Stovall in his house in Cumming, Georgia. Every morning, Bill Stovall wakes up at around 8:30 a.m. The first thing he does is speak to his wife’s ashes, which are in a pink urn on his fireplace mantle. He keeps it brief. “I say: ‘Good morning. I miss you and I love you. I

In this article UAA Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick | DigitalVision | Getty Images It’s tempting to follow the crowd when it comes to investing. While that may not always be wise, experts say one investment vehicle — exchange-traded funds — might be worth a second look now. “It’s been a huge

Getty Images Exchange-traded funds came in third among the top 10 investment products to grow in popularity with U.S. households from 2020 to 2022, according to a new survey. While individual stocks were the most commonly owned investment product, held by 43% of households in 2022, 18% of households invested in ETFs in the same

Stephanie Land Source: Simon and Schuster Stephanie Land’s daughter, Emilia, was 7 months old when Land was forced to leave her volatile life partner. What came next for the single mother was homelessness and food insecurity — but somehow, at the same time, Land also worked to finish her college degree and pursue a writing career.