Economy & Markets
The important economic and stock market news that advisors need to know.
Stimulus, shmimulus
By John SullivanImmature, I know, but I couldn't think of anything better to describe our continuing need to throw good money after bad. Echoing congressional leaders, President-elect...
January 07, 2009
Pru Panelists: Recovery May Be SlowA portfolio manager at Prudential Financial Inc. says the shadows over the U.S. economy could start to lift in late 2009.Edward Campbell, a vice president ...
January 05, 2009
Currency Valuations on the Wane: Searching for Alpha, January 2009In this treacherous environment, one asset class seems to be the target of central banks - currencies.
January 05, 2009
Securities class action trends37%: Percent increase in securities class action filings from 2007 to 2008. 43%: Percentage of filings since Dec. 14, 2008 that are related to the credit crisis. 50%: Percentage of class action filings related to the credit crisis in
January 01, 2009
New productsFixed annuities ING Fixed Annuities The new ING IncomeProtector Withdrawal Benefit, a revamped version of previous offerings, now provides a 7 percent compounding roll-up during the first 10 years of the deferral phase and an annual ratchet
January 01, 2009
Nuveen Says It Has 'Positive Momentum'In 2008, Nuveen Investments wrestled with the freeze-up of the auction-rate preferred securities market and sought to restore liquidity at par to preferred shareholders and...
January 01, 2009
The Best ETFs of 2008If you want to know what kind of year 2008 was, all you have to do is look at the lopsided performance of exchange-traded funds...
January 01, 2009
Fixed Income RulesMany funds, fund categories and stock- market indexes have dropped by about 40 percent through December 4, 2008, according to Lipper. The Dow Jones, for...