Economy & Markets
The important economic and stock market news that advisors need to know.
Insurance stocks rally following TARP announcement
By Staff WriterLife insurance stocks rallied this morning following word from the Treasury Department that it plans to offer bailout funds to struggling companies. Shares in this...
April 02, 2009
Firms Form Income AllianceEnvestnet Asset Management Inc. will be marketing income annuities and stand-alone income guarantees from Nationwide Life Insurance Company.
April 02, 2009
Dow climbs more than 250 pointsBy 11:15 a.m. the Dow Jones Industrial Average was higher by more than 255 points or 3.5 percent, climbing over the 8,000 mark for the...
April 02, 2009
Swiss Re To Cut 10% Of WorkforceSwiss Reinsurance Company Ltd. says it will lay off about 1,000 of its employees and focus on its most profitable businesses.
April 01, 2009
A Guarded Return to Risk Taking: Searching for Alpha, April 2009With current rates extremely low, the pain of holding cash at zero yield may be enough to convince investors to take a chance with some of the more battered asset classes.
April 01, 2009
Why Your Clients Need You More Than EverThere's never been anything like it in the lives of most Americans. The wealth millions counted on to fund their lifestyles and fulfill their hopes for the future has been severely diminished. The fears and emotional state of every client mirror
April 01, 2009
As Munis Come Back, Short Funds Still RuleIn the world of equity funds, the ultra-short and short funds are still topping the charts, according to Lipper data. The top funds have produced returns...