Economy & Markets
The important economic and stock market news that advisors need to know.
Fiscal Cliff Deal: ‘A Missed Opportunity’
By Melanie WaddellWhile the fiscal cliff deal that was approved by the House and Senate on Jan. 1 was good news in that it sent the markets soaring and includes some changes that make financial planning easier, critics of the deal say that it fails to remedy the fiscal challenges that lie...
January 21, 2013
The Anti-Reagan Enters His Second Term: News AnalysisPresident Barack Obama sought to have Reagans impact, but in the opposite direction, and todays inaugural address signals just that.
January 21, 2013
The 6 most illuminating quotes from the Fed’s pre-crisis meetingsThe Fed had an inkling something bad was on the way, but it had no idea how wicked, how quickly or how long it would take to overcome.
January 21, 2013
What to Do When Clients Think Twice; Making Small Caps Work for You: February Investment Advisor—SlideshowWhats happening in your clients minds when they cant commit to a plan that you both know they need?
January 19, 2013
‘It costs too much’Heres how to get over this stumbling block with grace and ease.
January 18, 2013
Top Portfolio Products: Fidelity to Disclose Additional Money-Market Fund DataPortfolio-related developments over the last week include the closure of Fidelitys Small Cap Discovery Fund to new investors and an advisor change by Vanguard on its International Value Fund.
January 18, 2013
Dallas Fed’s Fisher: How to End Too-Big-to-Fail NowThe Dallas Feds Fisher denounced the injustice of having to choose between a bailout for the top 0.2% of banks or see the economy lose more than two years of economic output in a new crisis.
January 18, 2013
In Connecticut, two sides of a deep economic divideTwo starkly different socioeconomic areas exist just a few miles apart, with each oblivious to the other.