Economy & Markets
The important economic and stock market news that advisors need to know.
Kamath: Good Time to Buy U.S. Life Stocks
By staff WriterThe prices of high-quality U.S. life insurer stocks are so low that this is probably a great time to buy the stocks, despite lingering uncertainty about the economy, a securities analyst says.
June 30, 2011
Obama Challenges Republicans to Raise Taxes to Cut DebtPresident Barack Obama on Wednesday called for tax hikes as part of the deal needed to negotiate a deal to raise the debt ceiling.
June 30, 2011
Portrait of a Branch Manager; Ins and Outs of Annuity Suitability: July Research—SlideshowThe July issue of Research brings a fresh look at leadership issues.
June 29, 2011
Debt, war and fearThe discussion and angst go on and on. People are worried about the United States at war in Afghanistan.
June 29, 2011
Debt and Debate: Let Markets Do Talking on Default FearsDamian Paletta, writing in his Washington Wire blog, points to evidence that some investors could be taking note of the political fight and bracing for the worst possible outcome.
June 29, 2011
Top 10 Best States for BusinessBusiness friendly may be the oxymoron of the new decade if recent meetings with Wall Street and the White House are any indication. But take a stroll outside the Beltway and youll find certain states doing all they can to let businesses do business, despite crushing deficits and scant revenue....
June 29, 2011
Spectrem Affluent Investor Confidence Index Plummets in JuneThe Spectrem Affluent Investor Confidence Index plunged 11 points in June—the biggest drop in more than three years.
June 29, 2011
France’s Lagarde Named to Head IMFFrench Finance Minister Christine Lagarde was named late Tuesday to succeed the disgraced Dominique Strauss-Kahn as head of the International Monetary Fund (IMF).