Economy & Markets
The important economic and stock market news that advisors need to know.
Letter to the editor: most advisors would rather preach 'buy, hope and pray'
By Richard WoychowskiIncome Planning reader Richard Woychowski tells why it is rionic that most financial advisors focus on the cost of reverse mortgages.
March 20, 2009
Unemployment is worse than you thinkAt 9.7 percent, the U.S. experienced the highest unemployment rate in 1982 since the Great Depression. Is it that bad today? The official February 2009 rate...
March 17, 2009
Obama's efforts thus far: not good enough, advisors sayIn the eyes of financial advisors, President Obama is off to a sluggish start - and quite simply, he has a lot to accomplish. First, the...
March 15, 2009
Penny ArcadeVisiting the financial stocks in the Dow Jones Industrial Average is like whistling past a graveyard. You don't want to look too closely--Oh the horror of it!
March 13, 2009
Investors, Advisors Rate Possible RescuersAdvisors may have somewhat more faith in the U.S. Treasury Department than high-net-worth clients do.
March 10, 2009
2008 - 'The year that wiped out wealth'Equity, fixed income and asset allocation fund investors experienced average annual losses for all time periods except the longest (20-year) time frame, according to DALBAR's...
March 03, 2009
Check Out Our New NU Web ExclusivesTake a look at these new articles posted exclusively on the Web on our newly designed site.
March 03, 2009
Experts: Not a Great Depression, but a Great RecessionIt may not be another Great Depression, but leading economists agree the current downturn is indeed a Great Recession. Nouriel Roubini, professor of economics and...