Economy & Markets
The important economic and stock market news that advisors need to know.
Insurance Broker Sentenced in Tom Hanks Scam
By The Associated PressA broker who overcharged Tom Hanks and his wife hundreds of thousands of dollars has been sentenced to federal prison.
November 04, 2013
20 Best & Worst Cities for Pension FundingThe woes of public pensions are big news, but not all are in crisis.
November 04, 2013
Bill Gross and His Wife Commit Entire Fortune to CharityBill Gross and Carl Icahn got into a verbal boxing match about philanthropy last week.
November 03, 2013
Puerto Rico’s Bond Woes: What Went Wrong?The island was flying high on the Feds quantitative easing; now the possible pullback has had an outsize, and devastating, impact.
November 01, 2013
What Happens to Fixed-Income ETFs With Debt at $18 Trillion?Some holdings could be vulnerable to the shenanigans of politicians.
November 01, 2013
How to Address Your Clients' Portfolio Angst Now—Searching for Alpha for November 2013Instead of holding excess cash, advisors could add much more value for clients if they addressed those clients' concerns directly by using alternative investments smartly.
October 31, 2013
Think the Fiscal Cliff Was Bad? This One’s WorseAEI Economist John Makin warns the Fed must aggressively fight deflation or the U.S. will plunge off the "monetary cliff."
October 30, 2013
Lifetime income benefits propel indexed annuity salesGLWBs were the must have feature, but annuity pros also see a future need for annuities that offer a combination of benefits.