Where to Invest When Safe Havens Crumble
“For decades we thought Treasury bonds were the safe haven, and look at what’s happened in the last two months,” a BNY Mellon researcher said.
Philanthropy by Big Companies Rose During Slow Recovery
Noncash giving in particular has surged since 2007, according to a new report from the Committee Encouraging Corporate Philanthropy.
Despite Higher Taxes, Affluent Americans Will Continue to Spend
A new study adds fuel to the fire over the impact of higher taxes on discretionary spending.
U.S. Economy Shrinks 0.1% in Q4, First Time Since 2009
The Commerce Department said the economy shrank at an annual rate of 0.1% mainly because companies restocked at a slower rate and the government slashed defense spending.
Advisors Optimistic in Late 2012; Consumers Downbeat
The two groups had opposing views in November, but the latest poll shows a divergence in the expected timeline of economic improvement
Future of DC Plans Hitched to Economy, Education: Outlook 2013
By now, the move out of DB plans into DC plans has been well-established, although the success of the plans wavers with the strength of the economy. There are also two kinds of 401(k) investors.
Consumers Get Upbeat
How important are consumers to the economy?
Advisors Grow Pessimistic, as Consumer Confidence Hits 4-Year High
RIAs are not as upbeat as most consumers when it comes to the economy and markets, according to the latest polls.
Retirees, Pre-Retirees Slowly Regaining Confidence: SOA
In 2011, prior to the U.S. debt downgrade and the most recent bout of market volatility, retirees and pre-retirees were less concerned with their finances than they were in 2009, the Society of Actuaries found.
Consumer Confidence Rises in September, Advisor Confidence Falls
Conflicting sentiments over the relative strength of the economy has pundits scratching their heads.