QE3: 5 Things to Know
The previous rounds of quantitative easing involved the purchase of Treasuries, but not this time. So how will QE3 affect the economy?
Fed Says U.S. Economy Has Slowed, but Takes No New Action
The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to stimulate growth, but it took no new action.
Solving America’s Income-Deficit Problem
Social Security now pays out more in benefits than it receives in payroll taxes. What does that mean for your clients' portfolio plans?
Retirees Boost Their Financial Risk With Gold
If generating income is their primary financial goal, why are they overleveraged in non-income producing assets?
Italian Police Seize $6 Trillion of Fake U.S. Treasury Bonds
Italian police said on Friday announced they had seized about $6 trillion worth of fake U.S. Treasury bonds, worth roughly a third of the entire U.S. national debt that, if released into the worldwide financial system, could potentially have caused serious disruptions.
Who Will Regulate the Regulators?
Why did U.S. regulators fail to react to the alarming increases in leverage at financial institutions, or the shift of trillions of dollars of assets from banks’ balance sheets that were packaged into complex securities? Three former regulators propose a solution to what ails our regulatory system.
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.