Economy & Markets
The important economic and stock market news that advisors need to know.
CBO Says Fiscal Cliff Looms, but Decisions Not Likely Till Precipice Appears
By Gil WeinreichThe CBO makes the point that if Congress cannot find some way to arrest policies that are already set in motion before the new year, the U.S. will lapse back into a recession in 2013.
May 23, 2012
Who Writes a 51-Page Client Questionnaire?The Center for Plain Language honored good communicators with its ClearMark awards, but also extended its booby prize, the WonderMark award, for writing that could utterly confuse a reader.
May 23, 2012
8 Fastest Growing Financial Services JobsAdvisorOne sifts through data from the BLS to find eight of the fastest growing jobs in this sector from 2010 to 2020.
May 23, 2012
Bull Kiesel, Bear Shilling Clash Over Housing"If housing goes down 20%, I will back up the truck and likely PIMCO will, too," Kiesel says. Shilling predicts "recessionary kinds of things" in the next three to four years.
May 23, 2012
More Americans Aging Into PovertyA recent study from the Employee Benefit Research Institute found that, despite falling during the first part of the last decade, the number of poverty-stricken seniors is once again growing.
May 23, 2012
Euro Resolution Likely, but Will Be MessyAfter spending a week in Europe talking to scores of investors, its obvious that the Greek crisis has reached an inflection point.
May 22, 2012
Touchstone’s Steve Graziano on Martinis, Growth and the Case for SubadvisingAfter an 18-year stint at Pioneer Investments, Steve Graziano was ready for retirement and an easy transition into teaching.