Economy & Markets
The important economic and stock market news that advisors need to know.
Prudential Financial posts loss in fourth quarter
By Warren S. HerschFor 2012, Prudentials net income was $412 million, down from $3.4 billion in 2011.
February 10, 2013
Commodities and Currencies: Two ETF Trends to Watch in 2013A significant and growing allocation to commodities, and the lift to Japanese and Brazilian equities on currency devaluation plans, are among the trends that Deutsche Bank's ETF chief sees.
February 08, 2013
Healthy behaviors fall in areas hit by Superstorm SandyPerhaps folks are more concerned with rebuilding their lives.
February 08, 2013
Schwab Seeks to Lead in ETF EducationCharles Schwab announced its game-changing commission-free ETF platform to much fanfare on Thursday, but less heralded has been a new ETF education resource launched last year that could help advisors use these ETFs.
February 08, 2013
John Bogle: Forget Fiscal Cliff, Worry About ‘Nuclear Proliferation’Forget fiscal cliffs, the indexing pioneer tells The Breakout on Friday, weve got bigger fish to frylike war, global pandemic and nuclear proliferation.
February 08, 2013
Jeremy Grantham: Not as Much Stock Doom With GDP GloomIn his quarterly letter, GMOs chief market pessimist Jeremy Grantham reviews new data related to likely lower GDP growthand presents a positive outlook.
February 07, 2013
Meredith Whitney: Government Case Against S&P ‘Hard to Believe’She discussed the governments case against the ratings agency, her municipal bond call and her thoughts on new Citigroup CEO Michael Corbat.
February 07, 2013
Analysis: U.S. data, earnings suggest “fiscal cliff” fears overhypedConfidence and markets boomed after the first fiscal cliff was avoided, so what were CEOs so afraid of?