Economy & Markets
The important economic and stock market news that advisors need to know.
SEC Directs Securities Exchanges to Adopt New Listing Standards on Pay Committees
By Melanie WaddellThe SEC approved Wednesday a rule that directs national securities exchanges to adopt listing standards for public company boards of directors and compensation advisors.
June 19, 2012
Asian-Americans No. 1 Immigrant Group, but Tough Crowd for AdvisorsAsian-Americans have surpassed Hispanics as the largest immigrant group in the U.S., and their affluence and high levels of income make them a coveted, though challenging, target market for financial advisors.
June 19, 2012
Germany’s Mercantilism Proves Burdensome to Southern EuropeWhile the current financial crisis seem to be worsening in Europe, it is interesting to note that the economic issues the eurozone is facing bear striking resemblance to a much older European tradition.
June 19, 2012
Mobius: Europe Will Emerge Stronger Than EverHis favorite developing economies are Vietnam and Nigeria.
June 19, 2012
Whitney on Dimon’s Testimony: ‘He’s the Antithesis of Blankfein’He charms, Meredith Whitney said. Hes incredible. He gave the senators a massage and they gave him a massage back.
June 19, 2012
Four ways to cash in on today’s market: Wells Fargo outlook (AdvisorOne)Though there are downside risks, the report concludes that there are positive forces supporting the U.S. economy and domestic stock markets.
June 19, 2012
G-20 Boosts IMF Firewall, Pressures GermanyAt the summit meeting of G-20 leaders in Los Cabos, Mexico, the focus was on strengthening the firewall of the IMF and pushing Germany to relent on pooled debt and increasing deficit spending.
June 18, 2012
Advisors: Consider the Split Annuity/Roth Conversion StrategyMany clients may balk at the potential tax bill following a switch to a Roth IRA. Heres how to lessen their tax burden.