Economy & Markets
The important economic and stock market news that advisors need to know.
Don't Count Out Bonds (Yet)
By Ben WarwickAlthough the Treasury market followed energy prices lower throughout January, that correlation isn't likely to continue indefinitely. A combination of stifled inflation anxiety and solid economic growth is as good as it gets for investors. However, it should be noted that any deviation from the good news that market participants...
February 01, 2007
The Next Economic CrisisAfter graduate school, I went to work for maverick Wall Street economist A. Gary Shilling. Gary was a follower of the Kondratieff Wave Theory, which...
February 01, 2007
Behind the Numbers, with Sam Stovall"Our investment policy committee has a benchmark for the average balance investor of 60% of their money exposed to equities and 40% exposed to fixed...
February 01, 2007
Small Caps On Top AgainThe small-cap Russell 2000 Index made a comeback in 2006 with a gain of 18.4%, outperforming the large-cap Russell 1000 Index (15.5%) for the seventh...
February 01, 2007
Pershing INSITE to Feature Laura TysonINSITE 2007, Pershing's annual financial products and services conference, is set to include a presentation by Laura D'Andrea Tyson, former National Economic Advisor to President...
February 01, 2007
Taking Clients Beyond Stocks and BondsPressure on the U.S. dollar has been considerable. Late last year, the greenback touched 14-year lows versus the British pound, sparking worries that the worst...
February 01, 2007
Benchmarking for DollarsWhen I lived in Washington, DC in the early 1980s, the fact that I was born in Russia almost always elicited an incredulous reaction. People...
January 24, 2007
The Ins and Outs of HOLDRsMerrill Lynch's HOLDRs are grantor trusts that resemble ETFs, but aren't registered or managed the same. Instead of charging an annual expense ratio, HOLDRs charge a small custody fee that varies depe