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,

Skynesher | E+ | Getty Images New 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 get better results

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,

Longhua Liao | Moment | Getty Images Some 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 they showed that

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,

Civilians board a train as they flee Russia’s invasion of Ukraine, in Odessa, Ukraine, March 9, 2022. Alexandros Avramidis | Reuters Within hours of Russia’s attack on Ukraine in 2022, the country’s financial system began to show signs of strain. As banks swiftly shut down, the Ukrainian economy quickly spiraled into wartime mode and civilians

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 &

Prostock-studio | Istock | Getty Images Poor performance may drive some people to break up with a financial advisor, but judging an advisor’s results is not only about the profits, or lack thereof, on your investments. Often, it is about trust, some experts say. “The No. 1 reason people tend to go with an advisor

Damircudic | E+ | Getty Images The tax deadline is approaching and there’s still time to score a deduction with a pretax individual retirement account contribution — if you qualify. For 2023, the IRA contribution limit was $6,500, plus an extra $1,000 for investors age 50 and older. That increased to $7,000 for 2024, with

10’000 Hours | Digitalvision | Getty Images In an increasingly digital world, the specter of financial fraud looms large, especially for older adults. My experience with an 81-year-old client offers a stark illustration. While assisting “Emma” (not her real name) with email issues, I witnessed her vulnerability to scams firsthand. Despite my repeated warnings over

Simpleimages | Moment | Getty Images You don’t have to scroll far to find the #tradwives and #SAHGs (stay-at-home girlfriends) of social media who glamorize the extremes of domesticity, or the wives in Dubai who film their extravagant errands, such as picking up a Cartier bracelet and stopping for a facial on the way home.

Delmaine Donson | E+ | Getty Images Wedding and engagement season is right around the corner and that means many couples will embark on a path toward marriage. One of the most important conversations newlyweds will need to have is figuring out how and who will pay the bills. The goal is to ensure the

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

Halfpoint Images | Moment | Getty Images Supporting 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 stays or in-home

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.

Getty Images The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024. The agency has boosted the income thresholds for each bracket, applying to tax year 2024 for returns filed in 2025. For 2024, the top rate of 37% applies to individuals with taxable income above $609,350 and married couples

kate_sept2004 | E+ | Getty Images Whether you’re starting to invest or nearing retirement, there are several ways to use exchange-traded funds, or ETFs, to achieve your financial goals, experts say. An ETF is like a basket of individual assets, such as stocks or bonds, with shares that trade on an exchange throughout the day.