Economy & Markets
The important economic and stock market news that advisors need to know.
2009 VA Sales Plunged 19% To $123 Billion
By Frank OconnorNew variable annuity sales rose 2.6% in the fourth quarter of 2009, to $31.4 billion from $30.6 billion in the 3rd quarter, but were down 3.8% from 4th quarter 2009 sales of $32.7 billion.
April 01, 2010
Eagle Opens Bond Fund to InvestorsEagle Asset Management, a provider of equity and fixed-income investment strategies to institutional and individual investors, says its Eagle Investment Grade Bond Fund opened...
April 01, 2010
Group Think? The Securities and Exchange Commission (SEC) has announced that Chief Economist James A. Overdahl will leave the agency to rejoin the private sector after...
April 01, 2010
If the U.S. No Longer Leads, Who Will?These days, American economic leadership is being repeatedly thrust into question. Surely, the likes of China and Russia have long been complaining about a "uni-polar" world...
April 01, 2010
Coal: Clearer PictureDavid M. Khani, CFA FBR Capital Markets 703-469-1179 [email protected] Heading into 2010, we continue to be optimistic on the coal space in general and believe that most companies under...
March 31, 2010
Six New Leveraged Long-Short ETFsAs Direxion Shares rolls out ETFs linked to emerging markets and semiconductor stocks, State Street introduces a Russia-focused ETF and Claymore launches three Wilshire-focused products.
March 29, 2010
Bernanke Hints at Move to Sell Mortgage-Backed SecuritiesIn House hearing, Fed Chief mulls reducing balance sheet
March 18, 2010
LEI Rises Again, 0.1%The Conference Board's Leading Economic Index (LEI), gained a scant 0.1% in February, after a 0.3% rise in January and 1.2% jump last December.