Economy & Markets
The important economic and stock market news that advisors need to know.
Investment Market Rebound Aids U.S. Pensions
By Staff WriterNU Online News Service, Aug. 4, 2004, 4:15 p.m. EDTThe 2003 investment market rebound improved the funded status of many large U.S. defined benefit ...
August 01, 2004
Overseas, It Pays To Be SmallIn a lackluster year for foreign equities, small-cap stocks have outperformed. Year-to-date through July 5, the MSCI EAFE Small-Cap Index rose 10.9%, while the broader...
August 01, 2004
On Being ExceptionalIt was Alexis DeTocqueville who coined the phrase "American exceptionalism" after traveling the young United States in the early 1830s. There were a number of...
August 01, 2004
Doing the Right ThingGeorge Schwartz had already established himself as a savvy money manager with his Schwartz Value Fund (RCMFX) and had an impressive roster of private clients...
July 30, 2004
N.Y. Life To Acquire Pareto Fixed-Income UnitNU Online News Service, July 30, 2004, 1:23 p.m. EDTA unit of New York Life Insurance Company has agreed to acquire a fixed-income asset ...
July 29, 2004
U.S. Individual Income Falls 5.1%NU Online News Service, July 29, 2004, 1:32 a.m. EDTTotal U.S. adjusted gross individual income fell 5.1% between 2000 and 2002, to $6 trillion.[@@]Income ...
July 29, 2004
Benefits Unit Outshines Sisters At Jefferson-PilotNU Online News Service, July 29, 2004, 6:32 p.m. EDTThe employee benefits unit was the start at Jefferson-Pilot Corp., Greensboro, N.C., during the second ...
July 29, 2004
SOX Cuts Clark ProfitsNU Online News Service, July 29, 2004, 5:12 p.m. EDTThe new federal financial reporting rules took a bite out of profits at Clark Inc., ...