Economy & Markets
The important economic and stock market news that advisors need to know.
A Real Midas Touch
By Alexei BayerWith a name like Midas, it should come as no surprise that the fund Tom Winmill runs is bullish on gold. After all, it was...
January 31, 2009
What does your financial advisor do to make sure your needs are being met?"Our advisor does a quarterly review of our assets. I used to feel like meeting that often was too much, but with the way the market is right now, I'm almost wondering if it's enough." -- Jan R., 70, New York,
January 30, 2009
Earnings: Ameriprise, Allstate, OthersU.S. life and health insurers are starting to report just how hard the recession affected earnings in the fourth quarter of 2008.
January 29, 2009
Be wary of dividend ETFsAccording to Roya Wolverson of SmartMoney Magazine, dividend ETFs are a tricky hand to play. Some experts recommend dividend stocks as a solid long-term holding,...
January 28, 2009
Performance: The Best ETFs of '08With major domestic and international equity benchmarks declining between 40 to 50 percent in 2008 year, short ETFs were one of the few places that provided shelter.
January 27, 2009
A head-smacking momentThe simple wisdom contained in a letter to the editor in today's Wall Street Journal is probably the clearest argument against the use of stimulus...
January 25, 2009
MWA: Bank Holding Company Annuity Income Increases 33%Bank holding companies increased annuity income to $1.5 billion for the first 3 quarters of 2008, up 33% from the total for the comparable period in 2007.
January 13, 2009
SCHWAB'S SONDERS CAUTIONS ON ECONOMYWe are not there yet. Giving the keynote address on the second day of IMCA's New York Consultants Conference, Jan. 13, Liz Ann Sonders reported that at a small dinner the night before, attendees asked if she would have anything positive to say...