Economy & Markets
The important economic and stock market news that advisors need to know.
Advisors Cope With Boston Bombing’s Aftermath
By John SullivanIf ever there was a teachable moment on behavioral finance and emotional investing, Mondays horrific events at the Boston Marathon might have been it.
April 16, 2013
Oops! Reinhart-Rogoff Research Tripped Up by TypoA simple Excel spreadsheet error punches a hole in a highly cited economic paper by Carmen Reinhart and Kenneth Rogoff that has been used to bolster policies favoring restraint in government spending.
April 16, 2013
7 Reasons Gold Is Falling: Currency Manager MerkA gold brick is still a brick, and hurts just as much when it falls on your foot, Axel Merk says.
April 15, 2013
Brazil’s Olympic Stadium Closure Exposes BRIC Nation's Infrastructure ChallengeFast-growing Brazil has a serious economic impediment: its shoddy infrastructure. The latest case in point: the recent closure of the stadium in Rio de Janeiro meant to be the centerpiece of the 2016 Olympic Games.
April 15, 2013
DIAs: The perfect annuity for baby boomersSurprising for the we want it now generation, boomers appear willing to park their money in deferred income annuities.
April 15, 2013
DIAs: The perfect annuity for baby boomersSurprising for the we want it now generation, boomers appear willing to park their money in deferred income annuities.
April 15, 2013
3 Actions for Worried Investors: BlackRockBlackRock's chief strategists have stepped forward with three actions for uncertain investors to take as stocks reach market highs and bonds stay stuck in single-digit territory.
April 15, 2013
NFP to Sell Itself to Private Equity Firm for $1.01BWealth management services provider National Financial Partners Corp. said Monday that it would sell itself to private equity firm Madison Dearborn Partners LLC for about $1.01 billion.