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May 20, 2009

Economic Stress

For a tour of the current economic landscape, we recommend this interactive map from the Associated Press (via Barry Ritholtz). Click on the map to go to the interactive version...

AP Economic Stress Graphic

May 20, 2009 5:51:46 AM | Economics
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Fun With Headlines From the hope springs eternal file, a few headlines in today's "Before the Bell" missive from Reuters: "Oil firms above $60 on U.S. refinery fires, Nigeria" "Japan GDP sinks at record pace" "Deere quarterly net falls 38 percent" "Toll Brothers' homebuilding revenue dives 51 percent" "Hewlett-Packard outlook disappoints" and... "Stock futures point to higher open on economic optimism"
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Our Response to ICI's Response to BrightScope's Response to ICI's 401(k) Survey Over the last two weeks, we've participated (marginally) in a discussion of the Investment Company Institute's recent survey of costs borne by 401(k) plans and participants. Elements of that discussion--including our initial post on the topic--have focused not just on the findings of the survey, but on ICI's descriptions thereof. Writing at BrightScope's blog, Ryan Alfred advanced the debate by examining the ICI survey's sample. That sample leaned heavily on large plans, which tend to be less expensive than small plans, though there's enormous variance even among the biggest ones. Yesterday, the ICI posted a comment on Ryan's response at...

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