Economy & Markets
The important economic and stock market news that advisors need to know.
Senate Agrees on Debt Deal, as SIFMA Chief Blasts GOP and Obama for Woes
By Joyce Hanson"There is significant damage to the Republican brand in its willingness to be a party of fiscal destruction," says SIFMA CEO Judd Gregg, a former senator.
October 15, 2013
Debt Ceiling Deal ‘Still Far Off,’ Says White HouseWith only two days left before the deadline, White House Press Secretary Jay Carney said Tuesday afternoon that no deal was near.
October 14, 2013
Better Economic Times Ahead for Greece?Greeces economy is finally showing some signs of recovery, and it can be attributable to many things.
October 14, 2013
S&P to Lose Nearly 16% by Year End: Wells Fargo AnalystGina Martin Adams says consumer staples and earnings growth are likely to weaken further in Q4, though one ETF is bucking the trend.
October 14, 2013
Reid, McConnell Fight Next Round on Debt, Raising HopesAs Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell negotiate, a Schwab survey shows investors are still thinking long term.
October 14, 2013
Faber Blasts ‘Idiocies’ of Bloated GovernmentDoomsayer Marc Faber says the government is dysfunctional, too large, and "wasting money left, right and center."
October 11, 2013
GOP Senators Optimistic After Obama Meeting on Debt CeilingIm glad we had the discussion, said Sen. Kelly Ayotte, R-N.H. Now we have to put the words into action and get this resolved.
October 11, 2013
3 Top Advisors Explain Their Retirement Income StrategiesAt Think Retirement Income conference, different paths to finding income for clients in a low, but likely rising, interest-rate environment.