Economy & Markets
The important economic and stock market news that advisors need to know.
The Art of the Referral
By Patricia J. AbramRecently, after listening to me speak about the referral process, several advisors privately admitted that although they work by referral only, they could not recall...
July 20, 2007
Earnings: Allstate, Torchmark, OthersLife and annuity operations did well at Allstate Corp. in the second quarter despite a sharp drop in sales of fixed deferred annuities.Allstate, Northbrook, Ill, ...
July 02, 2007
Junk Bonds Under PressureFor the last few years, the supply of equities traded in the U.S. has fallen, and the number of bond issues has risen. These aren't two unrelated trends, but a natural byproduct of the buyout boom.
July 01, 2007
The "why" behind the GLWB explosionOne year ago, the first index annuities offering guaranteed lifetime withdrawal benefits were introduced. By the spring of this year a majority of top indexed carriers were offering GLWBs on at least some of their annuities, and almost all of the
July 01, 2007
Behind the Numbers, with Sam StovallSam Stovall, S&P's chief economic strategist, has maintained a high percentage of assets allocated to stocks this month. Within that percentage, Stovall recommends underweighting U.S....
July 01, 2007
Russia ETF Begins TradingAlthough there is growing tension between Russia and the European Union as well as the U.S. government, the first ETF to track Russia stocks has...
July 01, 2007
Investor BewareIf you still have doubts whether or not there is a massive bubble in emerging financial markets, just look at the eurobond market. The JPMorgan...
July 01, 2007
Combining Business and FamilyMitchell Frank has driven down for our lunch from his office in White Plains, in suburban Westchester County. "It's nice to be out of the office,"...