Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Stock Market Jumps on Strong Housing Data
By Joyce HansonDow has its third biggest gain of 2010
June 01, 2010
With Lending Tight, It's Time to Buy the Lenders: Searching for Alpha, June 2010Let's face it - borrowing money is tough. Small and medium size businesses are paying more interest, and face much stricter underwriting guidelines, than at any time in the last twenty years.
June 01, 2010
Annuity Facts: Income Riders? Living Benefits? GLWB? GLIB? What's the Difference?Income riders have become one of the most popular benefits ever to be added to fixed deferred annuities.
June 01, 2010
Correction, Bear Market, or Worse?Given the current economic climate and the decline in risky assets, I feel compelled to continue the conversation we began some three weeks ago. If...
June 01, 2010
Annuity Analytics: AXA Equitable Retirement CornerstonePRODUCT REVIEW Last month I addressed a variable annuity that protects retirees against the dreaded risk of inflation by offering a guaranteed payout rate linked...
June 01, 2010
Disorder on the BorderRemember the giant sucking sound? That was the catchy campaign slogan on which businessman H. Ross Perot ran as an independent in the 1992 presidential...
May 31, 2010
Are your children, grandchildren or other family members involved in your financial decisions?That's funny you ask that. About a month ago, we brought a grandnephew of ours in to help us go over our finances.
May 28, 2010
Consumer Spending Flat; Personal Income 0.4% Higher; Sentiment UpConsumer spending in April stayed flat at less than 0.1% versus an increase of 0.6% in March, while personal incomes rose 0.4%, above March's level of 0.3%, the U.S. government said.