Economy & Markets
The important economic and stock market news that advisors need to know.
The GLWB conundrum for advisors, part 1
By Garth Bernard, Andrew RobertsonAs 60,000 baby boomers retire each week, financial advisors struggle to indentify which guaranteed retirement income solutions will most effectively address their client's retirement fears.
February 01, 2011
Less Pain, Less GainThe economic downturn that started in 2008 and is stretching into 2011 has been the deepest and the most protracted in U.S. economic history since the…
February 01, 2011
State of the Union: Dithering on Retirement CrisisFinancial advisors are uniquely positioned to assure pre-retirees will be self-supporting in their later years
February 01, 2011
Executives Worldwide See Spending Cuts as Top Fix for Government DebtA survey by RBC Capital Markets said that top business executives worldwide, concerned about the level of debt in their nations’ economies, saw spending cuts, not tax increases, as the chief remedy for governments.
February 01, 2011
Sovereign Funds Indicate Shift in Strategies: State StreetState Street Global Advisors announced Tuesday that many of the world's leading sovereign funds have been forced to reassess their investment strategies and risk management as a result of the recession.
February 01, 2011
PIMCO’s El-Erian on Egypt: ‘It's Financially Very Strong’PIMCO CEO and co-CIO Mohammed El-Erian spoke to Bloomberg Television on Tuesday about the situation in Egypt, saying, “The Egypt of tomorrow will not be the Egypt of eight days ago.”
February 01, 2011
Crude Oil, Equities Heading for Divorce: Searching for Alpha for February 2011It seems like everyone is rooting for the economy these days—even OPEC. The Organization of Petroleum Exporting Countries announced last week that…
February 01, 2011
Irish Premier to Dissolve Parliament; Opposition Presses Bailout RenegotiationBrian Cowen, prime minister of Ireland, will dissolve Parliament on Tuesday and name the date for an election.