Economy & Markets
The important economic and stock market news that advisors need to know.
Viewing Interest Rate Volatility Risk Through an Options Lens
By Eric Metz, CFAFor most clients, the objective of fixed income is yield; for others, the goal is to dampen the volatility of their equity portfolio. Options offer the possibility to do both.
July 01, 2013
Judging the IRSA wave of scandal has enveloped the U.S. government. The administration—at what level of seniority is not yet known—appears to have used the…
July 01, 2013
Health Care May Lead Next Tech RevolutionTechnology, not politics, will cut medical costs, and the health care sector may well continue to outperform the rest of the market.
July 01, 2013
Unprecedented Muni Deal Will Gut Investors in Alabama Sewer ProjectThe costly sewage system revamp in Jefferson Counly, Ala., looks like a raw deal for muni debt holders who, for the first time, will be forced to accept a loss of principal.
July 01, 2013
At Midyear, Where Can Advisors Find Diversification?—Searching for Alpha for July 2013Midway through 2013, gold is down and rates are rising. Investors' perceptions are changing, and as for the stock market...
July 01, 2013
Nervous Global Markets but a Calm VIX: Where Do We Stand?Investors and businesses may have learned their lessons in 2008-2009, but what about the "Lords of Liquidity?"
June 29, 2013
A Surprising Opportunity for Possible YieldBank loan funds have "no upside," says Mark Okada of Highland Capital, so why are they so appealing?
June 28, 2013
3 Bearish Factors That Could Set China on FireChinese business leaders and officials may try to spread the blame for their diminishing fortunes, but they have become their own worst enemies.