Economy & Markets
The important economic and stock market news that advisors need to know.
Top Portfolio Products: DoubleLine Plans Fund With Shiller Benchmark
By Marlene Y. SatterFranklin Templeton adds four new target date funds; First Trust introduces international multi-asset diversified income fund.
August 23, 2013
GLIB riders: Inside the numbersWhen evaluating income riders, you cannot simply look at the roll-up rate, payout rate and rider fee.
August 23, 2013
SEC’s White Vows New Trading Rules After Nasdaq GlitchSEC Chairwoman Mary Jo White said Thursday that while the technical glitch that paralyzed trading was resolved quickly, the incident was serious.
August 22, 2013
End of Eurozone Recession Doesn’t Signal End of Economic WoesThe Eurozone experienced its first quarter of growth since 2011, but it still has a long way to go.
August 22, 2013
Nasdaq Halts Stock Trading Due to Unprecedented Technical ProblemsThe disruption sent brokers scurrying to figure out what went wrong and raised new questions about the pitfalls of computer-driven stock trading.
August 22, 2013
FINRA Fines Morgan Stanley Over Bond InfractionsFirms must ensure that customers who buy and sell securities ... receive execution prices that are consistent with prices available in the marketplace," FINRA says.
August 21, 2013
Interest Rate Hike Would Catch Most Americans Off GuardEdward Jones, which expects rates to rise over the long term, recently discovered that most investors dont understand how this will affect their portfolios.