Archive for 'May 2016'

    Eurozone in the Comfort Zone?

    May 24, 2016 11:00 AM by Harold E. Sharon

    No, not quite. While overall growth in the first quarter of 2016 finally returned to pre-crisis levels, the need for significant structural reforms still looms large.

    It took eight years and a double-dip recession, but the eurozone’s gross domestic product (GDP) has finally surpassed the levels seen during the pre-crisis era.

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    Five Steps Toward a Smarter Retirement

    May 19, 2016 4:25 PM by Brian Dobbis

    In case you missed it, here’s a handy summary of our most popular blogs among readers. 

    THE ROAD TO RETIREMENT with BRIAN DOBBIS 

    Of all the conundrums facing financial advisors, none compare with clients’ worries about retirement. After all, many clients have not saved enough for their golden years, and there’s a growing need for income, owing to longer lifespans, low interest rates, rising health costs, and inadequate support from Social Security and pension plans (if your clients even have one.)

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    How Spousal IRAs Can Build Nest Eggs

    May 13, 2016 11:46 AM by Brian Dobbis

    Often overlooked by couples caring for children and/or elderly parents, spousal IRAs can be a valuable tool to save for retirement.

    THE ROAD TO RETIREMENT with BRIAN DOBBIS 

    A common misconception I often hear is that you must have taxable compensation to fund an IRA, as though not having earned income meant that you were out of luck either beginning or further building a nest egg. This is a very costly myth.

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    Drilling for Oil Bonds

    May 13, 2016 11:33 AM by Lord Abbett Editorial Staff

    While overleveraged exploration and production (E&P) companies most exposed to the shale boom remain pressured, some investment opportunities have arisen.

    While many actively managed fixed-income strategies were underweight the oil sector through most of the commodities correction, some shifted to an overweight of E&P in early winter of 2016, as companies with substantial high-yield debt but solid long-term fundamentals (and no trigger for default) appeared attractive.

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    State-Run Retirement Plans: Ready for Prime Time?

    May 9, 2016 3:15 PM by Brian Dobbis

    While industry critics worry about the practical aspects, state-run retirement plans for private-sector workers have gained momentum. Whether the details bedevil them is another matter.  

    THE ROAD TO RETIREMENT with BRIAN DOBBIS 

    Now that the Department of Labor (DOL) has issued its final version of the “conflict of interest” rule, we can turn our collective attention to another important happening that is presently taking place in the retirement world, one in which the DOL again finds itself spearheading efforts to expand access to retirement plans to private-sector workers.

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    Cautious Optimism on Oil Stocks

    May 6, 2016 11:50 AM by Yoginder Kak

    With oil prices recently up nearly two-thirds from their 13-year low in February, bullish sentiment has increased, despite concerns about near-record stockpiles.

    Has oil finally turned a corner? Recent market developments are encouraging, but this is no time for complacency.

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    Argentina and Brazil: Lessons Learned the Hard Way

    May 6, 2016 11:25 AM by Lord Abbett Editorial Staff

    Argentina’s successful return to the capital markets is a reminder that elections matter. Can Brazil turn things around as well?

    It’s been four months since Argentina’s voters ousted former president Cristina de Kirchner’s populist government and replaced it with the business-friendly administration of Mauricio Macri. And the result has been little short of miraculous. Last week, Argentina returned to the international capital markets with the largest ever bond issue from an emerging market economy—its first sovereign sale in more than 15 years—and global bond investors clamored for a share. In the end, the Argentinian issue was four times oversubscribed, and $16.5 billion of sovereign bonds had been sold.

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    Puerto Rico: Nine Key Points for Muni Investors

    May 4, 2016 3:50 PM by Daniel S. Solender, CFA

    News of a May 1st default on $400 million in debt has put the commonwealth’s fiscal situation back in the spotlight. Here’s what investors need to know.

    Puerto Rico returned to the headlines on May 1 after the commonwealth announced that it would default on $400 million in debt of its Government Development Bank (GDB). (The GDB did reach a tentative agreement with a group of investors to extend some of the bond maturities, though the complete details of the deal are not yet clear.) 

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