Economy & Markets
The important economic and stock market news that advisors need to know.
Genworth Swings to a Profit, Disappoints Analysts
By John SullivanOperating earnings were $0.24 per share; Wall Street expected $0.28 per share
July 26, 2010
Net worth on the rise for seniorsNet worth has increased almost 80 percent for older Americans over the past 20 years.
July 23, 2010
Wells Fargo Shares 2010 Outlook: 'Little Upside'The Wells Fargo Advisors’ Advisory Services Group, led by chief macro strategist Gary Thayer, has just released its 2010 Midyear and Economic Outlook,…
July 23, 2010
Fund Portfolio Solutions from a Top AdvisorEach month we ask an advisor about the mutual funds he or she would consider for a simplified client scenario. Here's this month's scenario: ...
July 22, 2010
Conference Board Leading Economic Index for June Signals Recovery Is Slowing as FearedThe Conference Board's leading economic index for the U.S. fell 0.2% in June to 109.8, following a 0.5% increase in May and a 0.1% decline in April, the board said Thursday, July 22.
July 22, 2010
President Obama Signs Jobless Benefits Extension BillPresident Obama signed a bill (H.R. 4213) extending aid to 2.5 million unemployed Americans on Thursday night, July 22, in the Oval Office following House of Representatives approval Thursday afternoon.Office
July 21, 2010
Five Core Funds for Conservative InvestorsEvery portfolio needs a solid foundation, especially those owned by conservative investors. Here are five core funds used by several top advisors that can help keep conservative clients on course.
July 21, 2010
How a Top Advisor Uses Income FundsThis month's scenario: Clients are a retired couple in their early 70s, who have relied on interest income to supplement their pensions and Social Security....