Economy & Markets
The important economic and stock market news that advisors need to know.
What January Effect?
By Ben WarwickThe markets got off to a surprisingly bad start in 2005. Last month's 5% drubbing of the Nasdaq Composite was the worst January return since 1990, and the second worst in the history of the index. The S&P 500 and Dow Jones index didn't fare much better.
January 25, 2005
ING Introduces Voluntary LTD ProductNU Online News Service, Jan. 25, 2005, 4:15 p.m. ESTA Minneapolis benefits company is expanding its income protection menu.[@@]The company, ING Employee Benefits, Minneapolis, ...
January 21, 2005
Genworth Net Rises 15%NU Online News Service, Jan. 21, 2005, 9:21 a.m. ESTA Richmond, Va., insurer has given insurers an early peek at its earnings for the ...
January 20, 2005
Conseco Introduces 2 UL ProductsNU Online News Service, Jan. 20, 2005, 3:25 p.m. ESTA Carmel, Ind., company is offering one new life product with a guaranteed interest rate ...
January 13, 2005
Merrill Forecaster Optimistic About 2005The U.S. economy should do fine this year.[@@]A top executive at Merrill Lynch & Company Inc., New York, gave that assessment here this week ...
January 12, 2005
Election Over, Affluent Households Regain OptimismCHICAGO (HedgeWorld.com)--Spectrem Group announced that its Affluent Investor Index, which measures the investment outlook of households with US$500,000 or more in investable assets, more than doubled in December, to a "mildly bullish" level unseen since June. Meanwhile, the more exclusive Spectrem Millionaire Index also rose. This index measures the investment...
January 12, 2005
Greenwich Report: Asia's Fixed-Income Markets Ready for Tougher ClimeGREENWICH, Conn. (HedgeWorld.com)--A new report from Greenwich Associates Inc. analyzes the fixed-income investment market in Asia and describes it as growing both in volume and in sophistication. Institutional investors in Asia have capitalized on low interest rates over the last five years. "It has not been much of a challenge...
January 12, 2005
Prescription Manufacturers Start Access ProgramNU Online News Service, Jan. 12, 2005, 8:39 a.m. ESTA coalition of 10 major drug companies will be distributing a free discount card aimed ...