The U.S. is particularly well situated compared with almost any other economy in the world right now, says Morningstar's director of economic analysis. These four factors should push 2012 GDP growth ahead of 2011's rate.
A looming presidential election and fiscal cliff were not enough to dissuade employees from taking positive savings actions in their 401(k)s, according to Bank of America Merrill Lynch's latest quarterly numbers for its retirement and benefit plan services business.
B of A Merrill Lynch ranked number one among municipal bond underwriters of long-term issuance for 2012, with a total of $53 billion. Among financial advisors, Public Financial Management retained its number one spot.