Economy & Markets
The important economic and stock market news that advisors need to know.
Can the DJIA at 10,000 Inspire "Animal Spirits?"
By Kate McBrideThe Dow Jones Industrial Average hit a year-to-date high and jumped above 10,000 on Oct. 14, and the next day hit another high of 10,062.94. Unless you are short, this is good news for you and for your clients.
October 14, 2009
Aussies Raise RatesOn October 6th, Australia became the first in the G-20 nations to raise interest rates. The surprise move signals that in some parts of the globe, the period of monetary loosening which began during last year's market debacle is beginning to reverse.
October 12, 2009
Baucus Bill Not Cheap For Middle-Income Families: CBOHealth exchange coverage premiums and cost-sharing could cost a family of 4 with an annual income of $102,000 19% of its income.
October 12, 2009
Assessing a Client's Risk Tolerance: Don't Think You Can Set It and Forget ItOver the years there has been a great deal of discussion pertaining to the topic of determining a client's tolerance for assuming risk. Questionnaires abound...
October 11, 2009
Baucus Bill Not Cheap For Middle-Income Families: CBOHealth exchange coverage premiums and cost-sharing could cost a family of 4 with an annual income of $102,000 19% of its income.
October 08, 2009
Inflation May be Inevitable...Among the factors for determining future allocation decisions is the most likely direction for inflation. We have noticed a number of investment firms launching new funds to profit from the inevitable return of high prices.
October 06, 2009
Increased Opportunities in the Emerging MarketsIndiscriminate selling may have done just that--but are the risks reasonable?
October 02, 2009
Exclusive WM Interview with Economist Robert ShillerOne of the economists whose theories are enjoying something of a renaissance is John Maynard Keynes, and his theory that economics is driven by human psychology.