Economy & Markets
The important economic and stock market news that advisors need to know.
Personal Income Rose Slightly in May; Consumer Spending Nearly Flat
By Joyce HansonPersonal income in May increased slightly, at 0.4%, and consumer spending also rose, but at an even slower rate of 0.2%, the U.S. Department of Commerce reported Monday, June 28.
June 25, 2010
At Morningstar Conference, Bill Miller and 'Monsters of Stock' Discuss FavoritesConference concludes on opportunistic note
June 25, 2010
At Morningstar Conference, PIMCO Powerhouse Rob Arnott Is Sober yet OptimisticArnott tells investors of a 'generational opportunity' to capitalize on inflation
June 24, 2010
At Morningstar Conference, Rob Arnott is 'Sobering' Yet OptimisticTells investors to find 'opportunities where they may be.'
June 23, 2010
Nine Funds to Ride Out a Double-DipHere's how you can position your clients' portfolios, if the economy slows again and experiences a double-dip.
June 23, 2010
How a Top Advisor Uses BRIC FundsA conversation about mutual funds and investing in Brazil, Russian, India and China with Carl J. Macko, MBA, CFP, president of Synergy Capital Management LLC, Atlanta.
June 22, 2010
Genworth Issues $400 Million in Senior NotesGenworth Financial Inc. has issued $400 million in senior notes.
June 18, 2010
Advisors: Many Skeptical about Roth ConversionsMany investment advisors and clients believe the government will pull the rug out from under taxpayers who convert traditional retirement accounts into Roth accounts.