Economy & Markets
The important economic and stock market news that advisors need to know.
UnitedHealth Posts A Profit
By Staff WriterA large managed care company has become the latest financial services company to announce that it turned a profit during the third quarter.UnitedHealth Group Inc., ...
October 08, 2008
Labor market expected to get worseMore losses are expected to come in the labor market as The Conference Board Employment Trends Index (ETI)(TM) continued its decline in September. The index fell...
October 01, 2008
A Few Words About Current Market ConditionsWith all the verbal diarrhea being spouted by the talking heads on CNBC and other channels, I thought it most appropriate to limit my comments on the current market debacle to a few bullet points.
October 01, 2008
Greenspan's LegacyA newspaper story once alleged that some traders at a Wall Street brokerage house had a shrine dedicated to Federal Reserve chairman Alan Greenspan, in...
October 01, 2008
Claymore ETF Changes IndexThe Claymore/BBD High Income Index ETF (LVL) has changed its name and underlying index. The fund has been renamed the Claymore S&P Global Dividend Opportunities...
October 01, 2008
Van Eck Launched Mideast ETFWhen it rains it pours. And lately, it's been pouring Middle East-focused exchange-traded funds. Van Eck Global is the latest provider to introduce an ETF focused...
October 01, 2008
Behind the Numbers, with David Kelly"We've seem to have hit somewhat of a turning point on the dollar, so we want to be primarily in U.S. stocks now," explains David...
October 01, 2008
Waiting for the Other Shoe to Drop?I chose this elegant eatery near the World Financial Center and half a mile uptown from Wall Street for a reason. A little more than...