Jamie Diamond said it best. Recently, the CEO of JPMorgan Chase noted that anyone who is dealt the American economy is holding a straight flush. Despite the cries of CEOs who fear the shadow of an approaching fiscal cliff, Diamond’s statement holds true and we have only to look to the global marketplace to see this. The U.S. economy has among the most fluid capital markets, the largest investment base, the most stable political system and the broadest consumer base in the world. There are threats to these privileges, yes. But, as anyone who takes the time to study the triumphs of CEOs worldwide will realize, these threats are not the sort that stand in the way of true innovators.
The deal could have positive and negative effects on life insurers' $422 billion in U.S. debt securities.
Pan-American and Lincoln have both added top IT executives.
Analysts say persistent low rates could force issuers to add to LTCI reserves.
Sponsored by Cetera Financial Group
Do you know the difference between client experience and customer service? The answer is crucial.
Sponsored by T. Rowe Price Investment Services, Inc.
The “reflation trade” appears real, but risks are still elevated.
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