Economy & Markets
The important economic and stock market news that advisors need to know.
Boomers to blame
By John SullivanWhen bad things happen, we look for someone -- anyone -- to blame. As Newsweek rightly notes (we don't say that very often), there is...
June 09, 2009
Economy may be revivingAccording to The Washington Post, more than the actions taken by the government, some occurring under the public's radar, a deepening confidence from financial markets is behind recent optimism.
June 09, 2009
Towers Perrin: Pensions GainInvestment market gains probably helped the typical large defined benefit pension plan do a little better in May.
June 09, 2009
Economy may be revivingAccording to The Washington Post, more than the actions taken by the government, some occurring under the public's radar, a deepening confidence from financial markets is behind recent optimism.
June 09, 2009
Wealthier Americans continue to economizeUpper-income Americans, or those who earn $90,000 or more per year, brought May to the lowest average daily spending rate of the year.
June 04, 2009
So much for civilized debateSaw Karl Rove debate General Wesley Clark at the TD Ameritrade conference. A raucous affair, to say the least. Catcalls from the crowd, audience members...
June 01, 2009
PIMCO Shares 2Q09 Markets OutlookNewport, Calif.-based Pimco has just issued its second-quarter outlook on the markets. The firm says it will "retain an emphasis on assets at the top...