Economy & Markets
The important economic and stock market news that advisors need to know.
At Retirement Income Symposium, How Your Peers Deliver Income to Clients
By James J. GreenTwo practitioners and an executive driving a broker-dealer's comprehensive retirement planning platform took the stage at the 3d annual Retirement Income Symposium in Chicago on Monday afternoon, sharing with their peers their disparate yet similar approaches to how they produce income for clients in retirement.
November 08, 2010
Global Gold Standard Suggested as Gold Hits New HighsThe president of the World Bank, Robert Zoellick, suggested in a piece in the Financial Times on Sunday that major economies should consider a return of sorts to the gold standard.
November 07, 2010
America's Problem: A Deficit of ImaginationBy the time you read this column, the 2010 midterm elections will have passed. If the predictions of political commentators and polling outfits bear fruit, the results will be what you now know
November 07, 2010
Bank Failures in 2010 Are Most in a Year Since S&L CrisisOn Friday the FDIC closed four more banks, bringing 2010's total to 143--three more than in 2009 and the most since the savings and loan crisis some 20 years ago.
November 07, 2010
Republicans Continue Push for Tax Cuts, Fiscal Restraint but Few SpecificsGOP leaders defend keeping tax cuts for all.
November 07, 2010
QE2 Draws International Ire; Germany Calls It 'Clueless'In the wake of the Fed's announcement last Wednesday to put another round of quantitative easing into effect, reaction from around the world has grown louder--and it's not happy.
November 07, 2010
G20, Small Biz and Consumer Sentiment: Advisor Briefing for the Week of Nov. 8, 2010Following last week's double whammy of voting by the U.S. populace and quantitative easing by the Fed, this holiday-shortened week for some markets brings a breather.
November 05, 2010
Consumer Credit Rose 1% in September, Fell 1.5% in Q3, Fed SaysAmerican consumers borrowed money to buy cars in September, but they continued to tighten their belts and cut up their credit cards in the third quarter, the Fed reported Friday.