Economy & Markets
The important economic and stock market news that advisors need to know.
Get Ready for QE III, and How to Raise Consumer Demand
By Mike PattonSt. Louis Fed President Bullard’s raised profile may signal a new round of Fed monetary expansion
August 01, 2011
June Outflows: Nearly $50 Billion for Money Markets, Other FundsFRC says money-market funds lost more than $48 billion, while stock and bond funds dropped roughly $500 million.
August 01, 2011
PIMCO’s El-Erian on Debt Deal: Short-Term Gain, Long-Term DisdainThe CEO of PIMCO said Sunday that the potential agreement ‘does nothing to restore household and corporate confidence.’
August 01, 2011
Recovery Slow for Wealth Management Assets: Aite ReportThe U.S. wealth management industry had high hopes pinned on 2010, but a report released Tuesday by Aite Group found, the overall market size of the brokerage and advisory industry had not fully recovered from its losses by year-end.
August 01, 2011
Top Portfolio Products: Ex-Russell Managers Launch Boutique Firm; MassMutual Changes FundsDreyfus names Barris sole portfolio manager for High Yield Strategies fund; and Advisors Asset Management portfolio hits milestone with its dividend UIT.
July 31, 2011
ETF Inflows on Pace to Top $100 Billion in '11U.S. stock, bond and global funds picked up more than $50 billion in the first half of 2011.
July 31, 2011
Three Obstacles to a Summer RallyThanks to a multitude of factors, it's prudent to play the market from trading range to trading range -- and not be shy of locking in profits.
July 29, 2011
Three new developments on the annuity rider frontThe buzz in the annuity world is about optional features that guarantee a lifetime income stream: living benefit riders.