Economy & Markets
The important economic and stock market news that advisors need to know.
Riding high on write-downs
By Staff WriterYou know it's a weird market when a multi-billion write-down causes stocks to soar. But that's what happened Tuesday after Switzerland's largest bank, UBS AG,...
May 28, 2008
Boomer advisor BRIC alertIf your clients are invested in the so-called BRIC countries, pay attention. Thanks to a surge in recent weeks, the Yuan ended 2007 up nearly 7...
May 28, 2008
A case of irrational calm?Not everyone can be as prescient as Alan Greenspan, especially Ben Bernanke. His effort to predict the consequences of the sub-prime mess have been less...
May 28, 2008
Oil - $200 a barrelIn what will surely renew the call for energy independence, OPEC's president on Monday warned that oil prices could hit $200 a barrel and there...
May 28, 2008
The Greenspan guarantee - what's it really worth?In a story related to our Trend of the Week, Alan Greenspan announced he's joining John Paulson's hedge fund as a member of the advisory...
May 28, 2008
Lincoln launches new lifetime productLincoln Financial Group has launched an optional benefit rider, Lincoln Lifetime Income Advantage. The rider offers several features to provide more flexibility and control for...
May 28, 2008
Why is the stock market going up?"The economy is barely growing, oil prices keep climbing, housing remains in a funk -- and yet stocks are rebounding." Why? That's the question Gregory...
May 28, 2008
Greenspan's irrational apathyLook, I love Alan Greenspan and all he did for the economy under his Fed stewardship. To me, he was the perfect example of what...