Economy & Markets
The important economic and stock market news that advisors need to know.
Top 5 Fixed Annuity Benefits to Discuss With Clients
By Rich LaneThe opportunity to make investments with a guaranteed minimum rate of return is just one of the reasons why fixed annuities are gaining steam.
August 17, 2015
Citigroup to Pay $180M for Defrauding Hedge Fund InvestorsSEC says that two Citigroup units failed to disclose very real risks in the funds, which collapsed in 2008, affecting 4,000 investors.
August 14, 2015
Oil at 6-Year Low Amid Global Glut. How Low Can It Go?Gary Shilling says crude is headed to between $10 and $20 a barrel, while Jeff Saut expects outstanding opportunities to buy oil-related securities, including MLPs.
August 14, 2015
Americans More Optimistic About Their Finances, but Less PreparedIn Lincoln Financial's annual MOOD survey, 81% of Americans said they feel optimistic about their financial future today, a drastic improvement over four years ago. But perhaps because so many don't have an advisor, they feel unprepared for the future.
August 14, 2015
Hedge Funds Bloodied by China Rout in Worst Month Since 2011Some of these investments had their worst performance since 2011, suffering double-digit losses.
August 14, 2015
Gross’ Fund Rises After Tweaking ‘Shorts of a Lifetime’The Janus (ex-Pimco) fund manager anticipated a slump for German debt and Chinese equities; Janus Global up 0.8% in July, 1.6% YTD.
August 13, 2015
4 Signs American Consumer Is Fine, and Poised to Spend MoreIf the Fed is looking at these four numbers, a September rate hike is more likely--as is continued economic growth in the U.S.
August 13, 2015
Morningstar to Launch ESG Scores for Mutual Funds & ETFsFor the first time, investors will be able to use ESG factors to compare global funds across categories, relative to benchmarks, and over time.