Economy & Markets
The important economic and stock market news that advisors need to know.
A Fundamental Debate
By Ben WarwickReady for a sea change in active management? According to "The Fundamental Law in Mismanagement," a recent paper by Richard Michaud of New Frontier Advisors in Boston, the most basic tenet of active equity management is seriously flawed.
March 01, 2006
World of PlentyInvestors who put money into emerging markets equities have been rewarded handsomely in recent years. Rich in commodities with an abundance of cheap labor, the...
March 01, 2006
The Latest Oil CrisisLet's start with a couple disclosures. First, having lived through the disastrous economic consequences following the first Arab oil embargo in 1973, and having been...
February 23, 2006
New Small-Cap ETF Looks for Positive Earnings SurprisesPowerShares Capital Management LLC launched a new small-cap exchange-traded fund (ETF) that looks for companies that deliver positive earnings surprises. Trading under the ticker symbol PZJ, the ETF is based on the Zacks Small-Cap Index. The equal-weighted index comprises 250 small-cap issues with a market cap between roughly $600 million...
February 23, 2006
The Golden Work YearsU.S. residents over age 70 are getting far more income from jobs and far less from earnings on assets than they did back in the ...
February 23, 2006
The Golden Work YearsU.S. residents over age 70 are getting far more income from jobs and far less from earnings on assets than they did back in the ...
February 19, 2006
L07editorsedgeIt's beginning to look like we're caught in an unfolding nightmare. And what's making it worse is that no one seems to know how far ...
February 19, 2006
Spouses Who Stay Home Also Need DI ProtectionUnfortunately, our industry appears to be overlooking the disability income protection needs of millions of people.Most Americans readily can tell you the approximate value of ...