Economy & Markets
The important economic and stock market news that advisors need to know.
What Makes Your Clients Tick? A Peek at 10 Finance Firms’ Customers
By Joyce HansonLooking to connect with potential clients? New Media Metrics analyzed the customers of 10 major financial institutions to discover their interests and favorite media, as well as the emotional pull of the banks themselves.
August 16, 2012
Apple in the DowIn the specific case of Apple, there are reasons to believe that a Dow announcement would benefit the stock.
August 16, 2012
Muni Bond Danger Lurks Where Investors Don’t Suspect ItWhile the vast majority of traditional, plain-vanilla muni bonds carry virtually no risk of default, the real danger lurking in muni bonds comes from an overlooked area of the market.
August 15, 2012
400 Economists Endorse RomneyA former conservative official has rallied 400 economists, including five Nobel Prize winners, to sign a statement supporting Republican presidential hopeful Mitt Romneys economic policies.
August 15, 2012
Economic Recovery is Weakest Since World War IIThe recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.
August 15, 2012
Greek Leader Said to Seek More Time to Meet Austerity GoalsPrime Minister Antonis Samaras of Greece hopes to achieve two objectives with eurozone policymakers: to assure them that he will carry out mandated austerity measures and to win more time to do so.
August 15, 2012
Spain Risks ECB Wrath With Unemployment ExtensionCalling the move just in a country with unemployment near 25%, Prime Minister Mariano Rajoy also said that he was still considering asking for help from Europe to combat cripplingly high bond yields.
August 14, 2012
Eurozone’s Inaction an Anchor Around the World’s NeckThe eurozone crisis continues to take a hard toll on the global economy, slowing growth in the United States, China and Japan.