4 Steps to Conducting Client Portfolio Reviews
Yes, it’s that time again. Here's a practical process for conducting periodic client portfolio reviews.
My View on the Markets and Articulating It to Clients
Independent advisors need to have their own viewpoint on the global markets and economy, and must articulate that view to clients. Here’s my process
St. Louis Fed Chief: Recession Unlikely, Won’t Support Bond Buying
In a sign of increasing Fed confidence that the U.S. economy has avoided a possible 'double-dip,' James Bullard, president of the Federal Reserve Bank of St. Louis, said current central bank policy is 'appropriately easy' and another recession is unlikely.
Recession Priced Into Treasuries, as Yields Near Historic Lows
Investors’ flight to safety into U.S. Treasuries (despite the recent S&P downgrade) has driven yields toward historic lows and has market participants pricing in a recession, say market watchers such as Brent Burns of Asset Dedication.
Protect Affluent Clients’ Data—and Privacy
We read about all the large data lapses in the news—credit card info for thousands of TJ Maxx customers stolen, Countrywide losing mortgage application data for thousands of people, etc.
Some market participants are concerned that as global financial markets normalize, investors will abandon low-yielding Treasuries in favor of more attractive options. Since most bond...
David Macchia Interview: Tom James
David Macchia: The events that have played out in the economy in recent months have been remarkable. I know you've witnessed a great deal in...
AIG Has Borrowed $90.3 Billion
AIG, the giant insurer that was nationalized by the government because of its exposure to subprime mortgages, said that it has used $90.3 billion of the credit line it received from the Federal Reserve Bank in September.
Independent Broker/Dealers Not on AIG's Keeper List
The new chairman and CEO of AIG, Edward Leddy, disclosed in an analysts conference call on Friday, October 3, that the company has begun a...
Low inflation and strong economic growth fuel equity bull markets. But the process also works in reverse, and so the seeds are sown for bear...