Economy & Markets
The important economic and stock market news that advisors need to know.
Down and Out in Memphis; Movin’ On Up in Salt Lake City
By Gil WeinreichLocation, location, location, goes the old adageusually in the context of pricey real estate. But a new Harvard-Berkeley study suggests that location may be even more important to poor Americans seeking upward mobility.
July 22, 2013
Where Are Rates (and Stocks) Headed in This Part of the Business Cycle?With the Fed's deflation-averse philosophy, don't expect interest rates to raise, but stocks, especially some ETFs, could still benefit at this stage of the cycle.
July 22, 2013
Top 10 Global Private BanksHere are the 10 private banks with the top AUM, according to the 2013 Scorpio Partnership Global Private Banking Benchmark report.
July 22, 2013
FINRA Beefs Up MBS TransparencyFINRA announced Monday that its Trade Reporting and Compliance Engine will now provide increased transparency in mortgage-backed securities issued by Fannie Mae, Freddie Mac, Ginnie Mae and in securities backed by SBA-guaranteed loans.
July 19, 2013
Rise in interest rates positive for life stocksInvestors would do well to maintain exposure to the life insurance sector.
July 19, 2013
Rise in interest rates positive for life stocksInvestors would do well to maintain exposure to the life insurance sector.
July 19, 2013
Don’t Tell Detroit ‘I Told You So’: News AnalysisWhile the fiscally reckless are learning a painful lesson from Detroit's bankruptcy, it is important that those who cling to hoary principles such as living within ones means learn some lessons, too.
July 19, 2013
TrimTabs Reports Record Flows Into Equity FundsThe strong enthusiasm for equities should give contrarians pause, TrimTabs CEO David Santschi said. Four of the 10 largest inflows into U.S. equity funds occurred at the peak of the technology bubble in early 2000.