Economy & Markets
The important economic and stock market news that advisors need to know.
FSOC Targets Asset Management Firms as 'Systemically Important'
By Melanie WaddellAsset management firms look to be next on the Financial Stability Oversight Councils list to be considered systemically important financial institutions (SIFIs).
September 26, 2013
Reform Is Not Enough to Restore Trust in Wall St., Experts SayFiduciary advocate Knut Rostad, conservative think tank AEI and Wall Street lobbying group SIFMA discuss how to regain investor trust.
September 26, 2013
Household income drops 29% after age 65More than 42 percent of the surveyed group had a post-65 to pre-65 income ratio of 80 percent or greater.
September 26, 2013
Household income drops 29% after age 65More than 42 percent of the surveyed group had a post-65 to pre-65 income ratio of 80 percent or greater.
September 26, 2013
1% Too Valuable to Pay Taxes: Forbes ContributorIts time for someone to stand up for that overtaxed and ostracized minority that feels so much of the public's ire.
September 25, 2013
New Central Bank Governor Inspires Confidence in India Despite Structural ChallengesRaghuram Rajan, the newly appointed governor of the Reserve Bank of India, may have the right solutions to help redress Indias macroeconomic woes.
September 25, 2013
Goldman Sachs Asset Management to Acquire Deutsche’s Stable Value BusinessMove represents GSAMs efforts to grow its defined contribution business.
September 24, 2013
Roubini, Surprisingly, Is Bullish on U.S. EconomyEither hell hath frozen over, or Nouriel Roubini has a sunnier disposition after partying with all those supermodels in his (recently closed) rooftop hot tub.