Economy & Markets
The important economic and stock market news that advisors need to know.
Stand-Alone Living Benefits–Guaranteeing Lifetime Income Without an Annuity
By William H. Byrnes, Robert BloinkA product that can fill a need when clients are wary of annuities.
February 10, 2012
No Bailout for Greece–YetGreeces hard-won agreement from political leaders in Athens was rejected late Thursday as not tough enough. Instead, Greece was told to go back to the drawing board.
February 10, 2012
Rep. Bachus Targeted for Insider Trading in Ethics ProbeHouse Financial Services Committee Chairman Spencer Bachus is under investigation regarding allegations that he may have violated insider-trading laws.
February 10, 2012
Bank of England Boosts Quantitative Easing ProgramCritics say the move shrinks the value of annuities and pensions.
February 09, 2012
January Market Bump Cheers Advisors: PollAdvisors' optimism on the behavior of the stock market has zoomed upward by 50% after three weeks of strong showings.
February 09, 2012
China ETF: Foot in the Door to Foreign InvestingChinese regulators' approval of the countrys first ETF linked to Hong Kongs Hang Seng China Enterprise Index represents a cautious opening for Chinas tightly controlled capital markets.
February 09, 2012
George Soros’ 8 Bold Predictions From the ‘Tiger Den’At Tiger 21 event, Soros was asked for his predictions on everything from Jon Corzine going to jail to Obama's re-election chances.
February 09, 2012
BoE Boosts QEThe Bank of England has injected another 50 billion pounds ($66.271 billion) into the British economy as it extended its quantitative easing (QE) program. Its monetary policy committee also opted to maintain its benchmark interest rate unchanged at 0.5%.