Economy & Markets
The important economic and stock market news that advisors need to know.
Lifetime Income: Witnesses Ask for Safe Harbors
By Arthur D. PostalIf the government wants employer-sponsored retirement plans to offer lifetime income options, then Congress should protect employers against the risk that the options might produce disappointing results.
September 10, 2010
Obama Appoints Goolsbee as Chair of the Council of Economic AdvisersThe White House announced Friday, September 10, that President Obama has appointed Austan Goolsbee to replace Christina Romer as the Chair of the Council of Economic Advisers (CEA).
September 09, 2010
Top 10 Most Competitive Countries: World Economic Forum RankingsThe land of perpetual neutrality tops the overall rankings in "The Global Competitiveness Report 2010-2011," released Thursday, September 9, by the World Economic Forum ahead of its Annual Meeting of the New Champions 2010 in Tianjin, China.
September 07, 2010
Americans Reducing Debt, Study FindsAs a result of the economic crisis, 51% percent of Americans surveyed have cut back on their indebtedness.
September 03, 2010
FaithShares Advisors Launches Its First SMAFaithShares Advisors is expanding its investment portfolio with a highly customizable separately managed account (SMA), the firm announced Wednesday, September 1.
September 03, 2010
NAR Pending Home Sales Up 5.2%; MBA Mortgage Applications UpHome buyers for the rest of 2010 have an edge over sellers.
September 01, 2010
What's Not to Love about Stocks?: Searching for Alpha for September 2010As new home sales decline to the lowest levels since the government began tracking them in 1963.
September 01, 2010
Asset AllocationBehind the Numbers with Sam Stovall As part of former President George W. Bush's tax-cutting packages passed in 2001 and 2003, the tax rate on dividends...