Economy & Markets
The important economic and stock market news that advisors need to know.
Advisors Favorite High Yield Funds
By Ed McCarthy, CFP, RICPHigh yield bond funds are a natural alternative, but which funds should you consider to balance higher yields and risks?
September 23, 2010
Metals Expected to Rise Despite Slow RecoveryAnalysts say metals may correct, then head for record highs as currencies remain weak.
September 23, 2010
Kanjorski: SIPA Coverage Should Be Extended to Investment Advisors’ ClientsRep. Paul Kanjorski, D-Pa., chairman of the House Financial Services Subcommittee on Capital Markets, said Thursday that Congress should consider expanding the Securities Investor Protection Act's coverage to investment advisors' clients
September 23, 2010
Gold Up, European Markets Flat at CloseGold once again flirted with $1,300 on Thursday, as fears over currency weakness drove investors' hunger for precious metals; and stocks in Europe were generally flat.
September 23, 2010
Hartford to Reduce Fixed-Income Fund FeesThe drop in fees is a move to make funds more competitive among financial professionals.
September 23, 2010
Fixed Income Focus: A U-Turn in Treasuries, and Implications of Microsoft’s New IssueThe first half of September was a striking reversal from the anxious market activity in August. Virtually overnight, Treasuries became an afterthought as investors stampeded back into the stock market
September 22, 2010
How a Top Advisor Uses Closed-End FundsA conversation about diversified investing with closed-end funds with Michael R. Kelly, CFP, EA, of Baltimore.
September 22, 2010
Greek Prime Minister Seeks to Dispel ‘Mythology’ on CrisisAt a speech in New York on Wednesday, the Prime Minister of Greece, George Papandreou, said he would "like to dispel some of the peculiar 'mythology' " on the crisis.