Economy & Markets
The important economic and stock market news that advisors need to know.
Ultrawealthy Investors Favor Stocks, Focus on Growth in 2013
By Michael S. FischerThe ultra-affluent members of the Institute for Private Investors are bullish on equity markets and focused on growth rather than merely preserving capital, according to a survey released Thursday.
July 17, 2013
Bernanke Signals Flexibility on TaperingFed Chairman Ben Bernanke told lawmakers Wednesday that if the economy falls short of expectations, the Fed could change its tapering plans and even potentially increase purchases for a time.
July 16, 2013
European Banking Experience Pays Off for Corbeau and His ClientsJim Corbeau of Maas Capital has a different outlook on portfolio makeup than most of his peers.
July 16, 2013
S&P 500 Q2 Outlook: Shrinking Revenue, ‘Subpar’ Profit GrowthCorporations have needed to carefully manage costs and profit margins because of a year-over-year decline in revenue growth, says S&P Capital IQ's Robert Keiser.
July 16, 2013
What the Pros Expect From Stocks and Bonds for the Second HalfAfter six months of thrills and chills, the professionals at Envestnet | PMC share what theyre hearing from equity and fixed-income managers here and abroad.
July 16, 2013
US consumer prices up 0.5 percent in June on gas hikeThe gas price hike kept the Feds stimulus engine red-lining.
July 15, 2013
How Business Cycles and Stock Prices InteractAn increase in economic activity begets economic expansion, which begets more lending, which begets more sales, which results in increased corporate profits, which are critical to higher stock prices.
July 12, 2013
JPMorgan, Wells Fargo Beat Estimates for Q2Though positive, sales growth at the big banks didn't keep pace with profit expansion in the second quarter.