Economy & Markets
The important economic and stock market news that advisors need to know.
How the Election Will Affect the Markets and Economy
By David J. DruckerMcCain or Obama? Prosperity or recession? Do characterizations by party affiliation still hold water? Not necessarily. We've seen Democratic presidents accumulate impressive budget surpluses, and Republican...
September 30, 2008
Learning to live with (and love) suitability"Suitability" looms big in every producer's mind. Your application arrived in the company's mail receptacle via the first delivery of the day. By mid-morning, it is working its way straight to the suitability committee to be
September 25, 2008
Ahead of the packKarin Anderson outlines a few funds that kept their hands out of the financials cookie jar in a handy article for Morningstar. She highlights the Pioneer...
September 25, 2008
Bernanke, you magnificent bastardBernanke nailed it. Not something you hear in many circles at the moment. Lord knows I've had my problems with the man. But in today's...
September 19, 2008
The Benefits of an RIAWhat a rollercoaster ride this has been! As you are acutely aware, the markets have been quite dysfunctional. Only those very close to the situation...
September 18, 2008
MORGAN STANLEY PRAISES REGULATORS AS FATE REMAINS UNCLEAR (Sept. 18, 2008)Morgan Stanley, the sole remaining wirehouse broker-dealer not owned by a bank, is praising New York Attorney General Cuomo for "taking strong action to root out improper short selling of financial st
September 18, 2008
Bush Defends AIG DealPresident Bush today defended the Federal Reserve System's decision to provide an $85 billion credit line for American International Group Inc.Letting AIG, New York, fail ...
September 18, 2008
Bush Defends AIG DealPresident Bush today defended the Federal Reserve System's decision to provide an $85 billion credit line for American International Group Inc.Letting AIG, New York, fail ...