Economy & Markets
The important economic and stock market news that advisors need to know.
No energy on Wall Street
By Danielle AndrusFalling energy stocks dragged Wall Street down, the Financial Times reports, with crude oil falling as far as $8 per barrel. The sector has fallen...
September 02, 2008
Scholar: Women Should Ease Up On StocksA Wharton School professor emeritus says women may be wise to ignore advisors who tell them to cope with long lifespans by loading up on ...
September 01, 2008
Go East, Young Man!For investors interested in diversifying their portfolios with European holdings, the best advice may be to look to the emerging markets of Eastern Europe, as...
September 01, 2008
The New SiblingLike its predecessor the UMB Scout International Fund, the UMB Scout International Discovery Fund (launched on December 31, 2007, with the ticker UMBDX), looks to...
September 01, 2008
Still at the TopJim Moffett, lead manager of the UMB Scout International Fund, was as new to international equity markets as the firm was when it launched the...
September 01, 2008
Exploring the MideastInvescoPowerShares has introduced a new exchange-traded fund (ETF) that will track frontier markets in the Middle East. The PowerShares MENA Frontier Countries Portfolio (PMNA) will follow...
September 01, 2008
Dear Mr. President ...Dear Mr. President (and Mr./Ms. Investor): You have inherited a mess. This is the subject of a recent monthly investment-outlook newsletter penned by Bill Gross. Gross,...
September 01, 2008
The Dow Jones: A Truly Unique BarometerThe Dow Jones Industrial Average was first published by Charles Dow in 1896 and followed the Dow Jones Transportation Average. A walk down memory lane reveals...