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.

Potential for Recession Could Push S&P 500 Down 30%

Market sentiment rather than fundamental analysis is propelling stock market gains, with potential for a recession to precipitate a downturn.

David Solomon's Pay Rises to $31 Million After Most Challenging Year as Goldman CEO

Board of Goldman Sachs (GS) awarded CEO David Solomon a 24% compensation increase for 2023 despite a profit decline and a dealmaking slowdown.

Another Government Shutdown Looms in March as the House Heads Home

Representatives aren't scheduled to return to Washington until Feb. 28. That's just two days ahead of yet another government shutdown deadline.

Pessimistic Citi Chief Economist Anticipates Recession in Q2/Q3

Prospect of soft landing for US economy has dissipated with a recession anticipated by mid-2024, according to insights from Citi's chief economist.

Recession has Struck Some of the World's Top Economies. The US Keeps Defying Expectations

As some of the world’s biggest economies stumble into recession, the United States keeps chugging along.