Economy & Markets
The important economic and stock market news that advisors need to know.
London Calling
By Alexei BayerPitting an enervated Brit against a brash, self-confident Yank is a frequent theme in post-World War II, post-Empire British literature, appearing in spy thrillers by...
March 08, 2007
IRA, 401(k) Savers Have Similar Investing Styles: EBRIRetirement account owners make similar asset allocations in stocks and interest-earning assets whether investing in IRAs or 401(k)-type plans, a new study finds.The study by ...
March 07, 2007
UnitedHealth Completes Restatement ProcessA large managed care company says it has finished correcting the way it accounted for stock-based compensation expenses.UnitedHealth Group Inc., Minnetonka, Minn., estimates the corrections ...
March 01, 2007
Three Lessons from the Market MeltdownFrom its beginning in the overheated Asian markets to the dramatic drop in the Dow, Tuesday's plunge in stock prices came as a surprise to many traders. Although unusual -- there have been only 29 trading days since 1950 that have resulted in such large percentage losses for the S&P...
March 01, 2007
Behind the Numbers, with Gary Shilling"I think the economy is in trouble," says Gary Shilling, portfolio strategist for A. Gary Shilling & Co. "Housing is going to sink the economy...
March 01, 2007
Global Bonds Go MainstreamForeign bonds can form an important portion of an investor's diversified portfolio since they exhibit such low correlations with both U.S. stocks and U.S. bonds....
March 01, 2007
Cash is King, For This Year at LeastU.S. stocks had a lackluster 2006. It may seem churlish to say this, with the Dow Jones Industrial Average breaking a six-year-old record and rocketing...
March 01, 2007
The Harvard of Broker-DealersIf you want to know what a broker-dealer is like," says Joseph Deitch over a cup of first-rate lobster bisque at the Harvard Club on...