Economy & Markets
The important economic and stock market news that advisors need to know.
Wal-Mart’s Troubles May Be Canary in a Coal Mine
By Ben WarwickWal-Marts (WMT) surprise drop in sales caused considerable tension in the market, as stocks took their biggest five-day tumble of the year last week.
August 16, 2013
Gold: Glittering Yet Again?Global gold demand by consumers and investors rose in the second quarter, and prices in mid-August are rising.
August 16, 2013
Warren Buffett Ups Berkshire’s Wells Fargo StakeBerkshires 8.7% investment in Wells totals almost $20 billion, and the bank's stock is up 26% so far in 2013.
August 15, 2013
Eye on Renewables: Hot Markets to WatchWith widespread interest in an energy switchover, investors should be aware of some of the latest trends...
August 15, 2013
How Investment Gurus Are Fixing Fixed-Income PortfoliosWhen the bond bubble burst, advisors and their retiree clients suddenly realized they would need to get into new investments and fast, said Envestnet|PMC strategist Tim Clift.
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.