Economy & Markets
The important economic and stock market news that advisors need to know.
A Higher Level of Competence
By Alexei BayerRuss Morton is a big man, which is what you'd expect of a University of Oklahoma graduate who spent the first decade of his career...
October 03, 2006
AAA: Secondhand Smoke Costs BillionsTobacco smoke caused about $6 billion in harm to U.S. nonsmokers in 2004.A researcher at the American Academy of Actuaries, Washington, came up with that ...
October 02, 2006
The Case for True Diversification--Searching for Alpha, October 2006It's been a long six years for investors in the Dow Jones Industrial Average. After a spectacular third quarter this year, the oldest index of U.S. stocks is now a breath away from the all-time high of 11,722.98 set on January 14, 2000.(Searching for Alpha, the monthly index newsletter for...
October 01, 2006
'Tis the Season(ality)Attempts to predict the direction of the stock market run the gamut from the sublime to the ridiculous. Besides the usual suspects of fundamental and...
October 01, 2006
Over the HedgeA recent piece in Vanity Fair describes how multimillionaire hedge fund managers have converged in great numbers upon the once-tony suburban community of Greenwich, Conn.,...
October 01, 2006
Selective StrengthSome sub-sectors of the energy industry stand out for their growth prospects, analysts say. Ron Barone Shneur Gershuni UBS 212-713-3848, 3974 [email protected] [email protected] Area of Coverage: Coal Outlook: We think the outlook for...
October 01, 2006
Listening to Two ClientsYou would think that Delmonico's Steakhouse, a landmark New York establishment around the corner from the New York Stock Exchange, would be a perfect place...
October 01, 2006
Innovation NationAmerica is moving from a "brute force" economy to a "brain force" economy, and financial advisors are at the forefront of the shift. So says...