Economy & Markets
The important economic and stock market news that advisors need to know.
A Bad Omen for Stocks
By Ben WarwickFor the first time since 1997, domestic equities lost ground in the last three months of the year. While this outcome is certainly not unexpected given the problems in subprime mortgages, corporate credit, and housing, both the holiday mindset and end of year buying typically propel stocks higher in the...
January 01, 2008
Schwab Expands Laudus FundsCharles Schwab has announced the expansion of its Laudus Funds lineup and a new sub-advisory relationship with Mondrian Investment Partners Limited of London. The new...
January 01, 2008
Up to the ChallengeBoomers have come of age to retire and that event, alone, has sparked an epiphany. Until we took notice of the fact that the oldest boomers...
January 01, 2008
Currency CollapseThe past year was marked by such a dramatic decline of the dollar that it can almost be described as a collapse. The once mighty...
January 01, 2008
Global Growth On Track, Manager SaysU.S. Global Investors' East European Fund (EUROX) is among the industry leaders when it comes to five-year annualized returns, according to Lipper, which notes that...
January 01, 2008
Deep in the Heart of TexasAt least seven different financial advisory firms vie for business in wealthy little Corsicana, Texas -- population 25,000 -- where ample oil profits have made...
December 31, 2007
Want financial success? Quit reading.I was going through some old magazines I had saved for one reason or another when I came across an article in the Aug. 14, 2000 issue of Fortune, entitled "10 stocks to last the decade." The timing of the article was interesting. We were five months
December 24, 2007
Holiday trends28%: Percent of people surveyed who say their workload increases during the holidays; 42% say it stays the same. 7.4%: Percentage of people age 65 and over who travel over the holidays. This is down from 8.7% for the rest of the year.*