Economy & Markets
The important economic and stock market news that advisors need to know.
Republicans’ ‘Pledge to America’ Draws Fire From Left and Right
By Marlene Y. SatterRepublicans' much-touted "Pledge to America," announced Thursday, which was supposed to be a new promise for fiscal prudence, has been roundly criticized by both sides--and Sunday was no different.
September 24, 2010
New Home Sales Still Dismal; Stocks Surge on Durable Goods ReportNew home sales figures released Friday by the Census Bureau showed that housing had a long way to go before it joined the "expansion" and orders for durable goods fell 1.3%, but its core components rose.
September 23, 2010
Advisors Favorite High Yield FundsHigh yield bond funds are a natural alternative, but which funds should you consider to balance higher yields and risks?
September 23, 2010
Hartford to Reduce Fixed-Income FeesThe Hartford Mutual Funds announced Sept. 22 that fees on six fixed-income funds would be permanently reduced. The funds affected by the fee reduction are The...
September 23, 2010
It's Benefits Enrollment Time: Start Stressing Income Protection with Disability Income InsuranceDuring this year's traditional benefits enrollment season
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.