Economy & Markets
The important economic and stock market news that advisors need to know.
S&P Expects Federal Lawsuit Over Mortgage Ratings
By Marcy GordonThe U.S. government is expected to file civil charges against S&P, alleging that it fraudulently gave high ratings to mortgage debt that later plunged in value and helped fuel the 2008 financial crisis.
February 01, 2013
The only two annuity sales you will make in a volatile marketIn todays marketplace, there are only two suitable FIA sales. The first is obviously the income sale. But the second sale to make is often overlooked. Here are a few products you need to consider adding to your practice to capitalize on these sales.
February 01, 2013
The only two annuity sales you will make in a volatile marketIn todays marketplace, there are only two suitable FIA sales. The first is obviously the income sale. But the second sale to make is often overlooked. Here are a few products you need to consider adding to your practice to capitalize on these sales.
February 01, 2013
The Liquidity Curse—Searching for Alpha for February 2013No one wants what anyone can have. Such is the case with free-flowing injections of money into the financial system.
February 01, 2013
Why have recoveries been so miserable over the last 20 years?Economic recoveries have gone from V-shaped with rapid bouncebacks to U-shaped with a long recovery period.
February 01, 2013
PIMCO’s Gross: Credit Supernova Will Burn Out Money EconomyIn what may be his most apocalyptic monthly letter in a series that for years now has been explicating the new normal, Gross says that Americas money economy is like a supernovaa bright shining star that suddenly burns out.
February 01, 2013
Adios, austerity, but debt will still limit Spain’s growth measuresAfter 32 months, Spain learned it cant cut its way to growth now what?
January 31, 2013
TD Bank Chief Economist Is Bullish on U.S. for 2013Breathe a sigh of reliefCraig Alexander is optimistic about 2013.