Economy & Markets
The important economic and stock market news that advisors need to know.
Quick QE Exit Unlikely, but Do Get a Bond Haircut: PIMCO, Loomis Sayles
By Joyce Hanson"A bond and equity investor can choose to play with historically high risk to principal or quit the game and earn nothing, says PIMCO's Bill Gross.
May 10, 2013
Chet Helck: The 2013 IA 25 Extended ProfileWhen we began our interview, Chet Helck pointed out that he started in the financial industry as a customer.
May 09, 2013
‘Modern Portfolio Theory Is Dead’: Sierra’s David WrightDavid Wright might be soft-spoken with a professorial tone, but he didnt hold back with his controversial comments at NAPFAs Spring Conference 2013 about future trends and where the markets are headed.
May 08, 2013
‘Abenomics’ Is Turning Japan’s Economy AroundCan Japanese Prime Minister Shinzo Abes plan to lift Japan out of deflation and spur economic expansionknown as "Abenomics"really work?
May 08, 2013
U.S. Recovers as the World Watches: SchrodersU.S. investors are well acquainted with market uncertainty and the wobbly economic recovery, but theyve got nothing on worried investors elsewhere in the world.
May 08, 2013
Is College Worth It?Former Education Secretary William Bennett's new book questioning the value of college is flying off the shelves, while researchers jokingly predict universities will soon offer a masters in janitorial studies.
May 08, 2013
MSRB (Still) Awaits SEC Muni Advisor Rule; Plans EMMA 2.0Three years after passage of the Dodd-Frank Act, the Municipal Securities Rulemaking Board is still waiting for the SEC to issue its rule defining who is a municipal advisor.
May 08, 2013
3 underwriting success secrets for DI agentsHeres how to secure more approvals in less time with fewer disappointed clients.