Economy & Markets
The important economic and stock market news that advisors need to know.
How to Get Fixed-Income Clients out of Their Holding Pattern
By Chad TopeMany producers struggle to provide their fixed-income clients with attractive options to boost their returns. The challenge is, how can you pursue higher returns without exposing the client to significantly higher risk?
November 03, 2010
Fed Announces $600 Billion QE2; Holds Rates SteadyFed rolls out QE2, but J.P. Morgan's Kelly warns of a "possible QE3 or sharp reaction in the bond market"
November 03, 2010
Factory Orders Rise in SeptemberIn data released Wednesday by the Department of Commerce, factory orders for September rose 2.1%, more than expected, or $8.8 billion, for a total of $420 billion.
November 03, 2010
Nasdaq Adds to Green Economy IndexNasdaq OMX Group, Inc., which in September launched its family of green economy indices, announced Thursday that it would begin disseminating a total of 20 new Nasdaq OMX Green Economy Indices on Nov. 10.
November 03, 2010
The Implications of Fed QE2 for Client PortfoliosThe FOMC decision makes it reasonable to expect the yield curve will stay near or below its current level for a little while longer.
November 03, 2010
Election 2010: GOP Wins House, but Major Reforms to Dodd-Frank, Health Care UnlikelyThe Republicans' victory in taking over the House on Tuesday means that they will do their best to reform health care and loosen the reins of regulation by the Dodd-Frank Act, but Democrats maintained control in the Senate, which will make it difficult for anything to get done.
November 03, 2010
Election 2010, Markets: Gridlock May Lead to a 'Relief Rally'Markets at home and abroad meandered around on Wednesday, digesting the news of a Republican majority in the U.S. House and more influence in the Senate, and the Federal Reserve's QE announcement.
November 02, 2010
The Hartford Reports Increased Income, AUM for Q3The Hartford reported Tuesday third quarter income of $666 million, up from a loss of $220 million one year ago.