Economy & Markets
The important economic and stock market news that advisors need to know.
GLIB riders: Inside the numbers
By Jon LeganWhen evaluating income riders, you cannot simply look at the roll-up rate, payout rate and rider fee.
August 22, 2013
Nasdaq Halts Stock Trading Due to Unprecedented Technical ProblemsThe disruption sent brokers scurrying to figure out what went wrong and raised new questions about the pitfalls of computer-driven stock trading.
August 22, 2013
FINRA Fines Morgan Stanley Over Bond InfractionsFirms must ensure that customers who buy and sell securities ... receive execution prices that are consistent with prices available in the marketplace," FINRA says.
August 21, 2013
Interest Rate Hike Would Catch Most Americans Off GuardEdward Jones, which expects rates to rise over the long term, recently discovered that most investors dont understand how this will affect their portfolios.
August 21, 2013
Bond Fund Bloodletting Continues in AugustRedemptions of $114.1 billion since the start of June mark an "enormous shift" for the bond world, TrimTabs says.
August 21, 2013
Corporate Directors Cautiously Optimistic on Economic GrowthA possible collapse in the economic recovery is still at the forefront of many minds, according to the NACD.
August 20, 2013
Mote’s Risk-Busting Strategy: Diversify InternationallyThe firm devotes more than half of client portfolios to international diversification.