"a cranky contrarian" is how the chief economist for LPL Financial describes himself. His "mantra these days is 'worry about your winners,'" those asset classes "that have had great runs over the past few years," including many commodities, gold, and energy. "Over all, the market is in pretty good shape right now," Anderson suggests, citing the "high quality of corporate earnings" stemming from strict cost controls. He believes Fed chief Ben Bernanke's done "a great job on monetary policy," and that the budget deficit will continue to decrease, resulting in even a Democratic president finding it "hard to make an argument" for a tax increase. Finally, Anderson pooh-poohs the import of the subprime mess: "It's not a macroeconmic event."
Part I of a series of articles on working with ultra-high-net-worth clients from IMCA's Investments & Wealth Monitor take a look at generational differences in...
Access complimentary resources from Cambridge Investments to help navigate the fiduciary rule changes.
If you’re thinking of changing broker-dealers, you owe it to yourself to read this article that covers all major aspects of the transition process.
Sep 27, 2016
Some broker-dealers have already decided to exit certain lines of business and are sizing up how the rule will impact their IT and compliance budgets....
Sep 20, 2016
This webcast will review the key aspects of the amendments and the steps that funds and intermediaries can take in order to comply with the...
Sep 13, 2016
Nationwide is providing a deeper look into the rule’s implications and a discussion of decisions firms will need to make in order to comply.