Economy & Markets
The important economic and stock market news that advisors need to know.
Tony Blair Implores Leaders to ‘Get Economy Moving’: Schwab Impact
By Janet LevauxFormer British Prime Minister Tony Blair said Tuesday that the resolution of todays global economic and financial challenges could get derailed by short-term political thinking.
November 02, 2011
Advisors Regain Cheer Amid GloomAfter a particularly glum confidence index in September, advisors have apparently recovered their mojo in, of all times, a month that saw Greece nearly default (again) on its debt and UBS' trading scandal.
November 02, 2011
The Phoenix Companies Reports Big Improvement in Third Quarter Net IncomePhoenix Companies President and CEO James Wehr attributes the robust third quarter performance to strong business fundamentals, including mortality, persistency, investment performance and expense management.
November 01, 2011
Sticker Shock: Insurance Rates Expected to RiseAdvisors already know that 2011 has been a tough year for insurers.
November 01, 2011
Domestic, Emerging Market Debt DivergeAs in most downturns, the middle and lower classes are taking the brunt of this less-than-stellar economic environment.
November 01, 2011
Pull the TriggerA GDP trigger is something that has an effect on the rate of GDP.
November 01, 2011
Bill Gross and LizAnn Sonders at Schwab Impact: ‘Make Things, Not Paper’PIMCO's co-CIO and Schwab's market strategist deliver straight talk on Europe, the U.S. economy and 'clueless' political parties.
November 01, 2011
Tiger 21: Ultra-Wealthy Keen on Preserving, Not Risking, Their MoneyA new survey of high-net-worth investors--with an average portfolio size of $83 million--suggests the ultra-wealthy place a far greater emphasis on preservation of capital than ordinary investors.