The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Inflation 2023: Where Americans Are Cutting Back — Do Experts Agree?

63% of respondents said they try to shop smarter to save money, 32% cut back on building emergency fund, and 18% have stopped saving for retirement.

Oh, Bitcoin Isn’t a Hedge Against Inflation?

Other digital currencies have died for good bitcoin is bouncing back not as hedge against inflation itself but rather against credit of US government.

Are CDs Back? Where Advisors Are Telling Clients to Stash Cash as Rates Rise

The average rate on a six-month CD has ticked back up to just below 1%, significantly above the lows of 0.14% in recent years.

Instant View: Some Fed Officials Hesitated Before Hiking -March Minutes

Several Federal Reserve officials at the U.S. central bank's policy meeting last month considered pausing interest rate increases.

What It Takes to Be Middle Class in America's Largest Cities – 2023 Study

American middle class is shrinking. Percentage of adults living in middle-income households in US fell more than 10 percentage pts over last 50 years.