Economy & Markets
The important economic and stock market news that advisors need to know.
In State of the Union, Obama Calls for ‘Smarter’ Government
By Melanie Waddell"Its not a bigger government we need," said President Barack Obama in his State of the Union address Tuesday, "but a smarter government that sets priorities and invests in broad-based growth.
February 12, 2013
Prudential Financial posts loss in fourth quarterFor 2012, Prudentials net income was $412 million, down from $3.4 billion in 2011.
February 11, 2013
PIMCO to Roll Out Foreign-Exchange ETFThe actively managed fund will begin trading Tuesday with the ticker FORX.
February 11, 2013
Largest ETF Firms Still See Ample Room for GrowthOnly 3% of households today own ETFs; less than 50% of FAs use ETFs on a regular basis, said ProShares CEO Michael Sapir at the InsideETFs Conference.
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.