Economy & Markets
The important economic and stock market news that advisors need to know.
Saving and Spending in America
By Alexei BayerArriving from New York to Los Angeles amidst turbulence on Wall Street, it is not surprising that the conversation with James P. Smith, a senior...
June 27, 2008
More at VanguardVanguard has introduced its Total World Stock Index Fund, which seeks to track the investment performance of the FTSE All-World Index--a "market-capitalization-weighted index designed to...
June 16, 2008
Banking on value stocksAfter watching major banks crash and burn recently, investors have been avoiding bank stocks. According to CNNMoney.com, though, some banks' cheap stocks are worth a...
June 15, 2008
Ranks Of The Underinsured Are Growing Too, Report ShowsAbout 9% of U.S. adults with annual incomes between $60,000 and $99,999 may have been underinsured in 2007.Researchers at the Commonwealth Fund, New York, included ...
June 11, 2008
Economy looks better on paperAt a time like this, statements of optimism have us holding our breath. In his remarks to a Boston Fed conference in Massachusetts, Fed Chairman...
June 09, 2008
The economic impact of U.S. baby boomers (it ain't pretty)We want to call attention to a new report from McKinsey Global Institute, the academic arm of McKinsey & Co. The numbers are new, but...
June 08, 2008
Forget Inflation, Medicare Is Top Domestic Issue, Says GreenspanIn a wide-ranging discussion on the markets and the economy on June 5, former Federal Reserve Board Chairman Alan Greenspan said that the top domestic issue facing the United States is finding a fix for the Medicare funding issue. Speaking to some 2,00 attendees on the second day of the...
June 05, 2008
SunAmerica Adds VA Withdrawal OptionA new variable annuity minimum withdrawal benefit feature can let guaranteed VA income increase in years when the owner takes withdrawals.AIG SunAmerica Retirement Markets Inc., ...