Economy & Markets
The important economic and stock market news that advisors need to know.
Partisan polarization surges in Bush, Obama years
By Staff WriterNearly all of the increases have occurred during the two most recent presidencies of George W. Bush and Barack Obama.
August 14, 2012
PIMCO’s El-Erian Takes Issue With Paul Ryan’s Use of ‘New Normal’PIMCO CEO Mohamed El-Erian took to the pages of The Washington Post Monday to rebut (sort of) the use of the term "new normal" by Mitt Romney's vice-presidential pick, Rep. Paul Ryan.
August 13, 2012
What Bubble? Dividend Stocks Continue to Pay Off for Income Seekers: Global XDespite market buzz that dividend-paying stocks are nearing bubble-like proportions, investor demand keeps driving Global X Funds to create new income-producing ETFs, CEO Bruno del Ama said Monday.
August 13, 2012
Paul Ryan, Kingmaker?With the pick of Paul Ryan, Romney has shown that he is willing to make a risky, far-right candidate his running mate despite the possible alienation of independents and his partners polarizing budget blueprint.
August 13, 2012
Patton’s Fund Picks, Pt. 5: Specialty Bond FundsAdvisor Mike Pattons favorite mutual funds in the domestic convertible, high-yield and specialty bond spaces.
August 13, 2012
Custom TDFs Will Surge to $218B by ’16: CerulliThey could represent about 22% of target-date assets in four years, as investors seek to embrace alternatives and boost returns.
August 13, 2012
Baer Agrees to Buy Merrill Non-U.S. Wealth UnitsNeither analysts nor investors appeared enthusiastic about the move.
August 13, 2012
German Bonds Lose Favor as Bailouts LoomInvestors are pulling money out of Bunds and seeking what they see as safer investments.