Economy & Markets
The important economic and stock market news that advisors need to know.
Roubini: GOP’s Gold Standard Dream Would Cause Depression
By John SullivanIt might be a relatively slow day for the markets, but the Twitteratiincluding Nouriel Roubini and PIMCO's Bill Grossare abuzz.
August 24, 2012
Top Portfolio Products: Goldman Offers Income Builder FundIn addition, Russell Investments announced that it will close all its U.S. passively managed ETFs.
August 24, 2012
Germany Doubles Down on GreeceGerman officials seem to be backing away from earlier hints that leniency would be possible toward Greece on complying with the budget constraints of its bailout package.
August 23, 2012
We Have Not Been SavedWhile Nouriel Roubini or Jeremy Grantham can be counted on to deliver prophecies of doom dressed up in the dismal prose of the economics profession, the original doomsayerthe prophet Jeremiahexpressed himself far more vividly, and his poetry speaks to our times.
August 23, 2012
How to Get High Performance With Low Risk From New StrategyRecent studies find that high-beta stocks dont perform as well as they should, and that low-beta stocks do better than the model would predict. But why?
August 23, 2012
Africa’s ChanceSub-Saharan Africa didnt suffer as much in the 2008 global financial crisis as the rest of the world, since it lacked both large banks and sophisticated financial infrastructure, and its levels of consumer and government debt were relatively low.
August 23, 2012
A Bold New DirectionOn Jan. 21, 2013, either a re-elected President Obama or a newly elected President Romney will face economic trouble and congressional stubbornness. Heres a bold way through.
August 23, 2012
Who Can Reform Wall Street: Romney or Obama?The political calculus is that Romney has a good chance in November because the economy is bad, and Obama is the guy who was supposed to make it better. Not so fast.