Economy & Markets
The important economic and stock market news that advisors need to know.
Warren Buffett Ups Berkshire’s Wells Fargo Stake
By Joyce HansonBerkshires 8.7% investment in Wells totals almost $20 billion, and the bank's stock is up 26% so far in 2013.
August 15, 2013
WSJ Upbeat, Roubini Down on Second HalfJust as the economy is showing signs of emergence from a lethargic recovery, economist Nouriel Roubini is warning Americans to lower their expectations, citing a Philly Fed report out today.
August 15, 2013
Income riders and parachutes: 3 key questionsAdvisors must explain to clients considering an income rider on a fixed annuity what the cost and benefits are.
August 15, 2013
Income riders and parachutes: 3 key questionsAdvisors must explain to clients considering an income rider on a fixed annuity what the cost and benefits are.
August 13, 2013
Will Nebraska Bail Out Illinois? News AnalysisWhen the scale of the pension problem becomes manifest in current state budgeting, will politicians seek to nationalize the problem with a taxpayer bailout, ask fiscally prudent Nebraska to help profligate Illinois?
August 13, 2013
What’s a Fixed Income Investor to Do? Try Alt Asset ClassesFor asset allocation portfolios built on the proposition that bonds act as a counterbalance to stock volatility, its time to consider some alternatives.
August 12, 2013
Timing of Croatia’s EU Membership SuspectThere are questions about whether Croatia chose the right time to join a group that is itself in trouble, or whether the EU itself may have rushed the membership process.
August 12, 2013
Laddered income — back to the futureIncome riders on annuities may not address all your clients concerns. A better alternative is a laddered income program.