Economy & Markets
The important economic and stock market news that advisors need to know.
Romney or Obama? LPL and FSI Polls Disagree
By Joyce HansonAs the presidential race heats up with Mitt Romneys choice of Paul Ryan as his running mate, polls from FSI and LPL have reached vastly different conclusions about who will win.
August 14, 2012
Partisan polarization surges in Bush, Obama yearsNearly all of the increases have occurred during the two most recent presidencies of George W. Bush and Barack Obama.
August 14, 2012
Eurozone Contraction Overpowers Germany’s Meager GrowthAlthough the German economy continued to report growth in the second quarter, that was not enough to save the eurozone as a whole from shrinkage.
August 14, 2012
Standard Chartered CEO Comes to New YorkPeter Sands, the CEO of Standard Chartered, is in New York and is prepared to attend a hearing ordered by the states Department of Financial Services on whether the bank should lose its charter to operate there.
August 14, 2012
PIMCO’s El-Erian Takes Issue With Paul Ryan’s Use of ‘New Normal’PIMCO CEO Mohamed El-Erian took to the pages of The Washington Post Monday to rebut (sort of) the use of the term "new normal" by Mitt Romney's vice-presidential pick, Rep. Paul Ryan.
August 13, 2012
What Bubble? Dividend Stocks Continue to Pay Off for Income Seekers: Global XDespite market buzz that dividend-paying stocks are nearing bubble-like proportions, investor demand keeps driving Global X Funds to create new income-producing ETFs, CEO Bruno del Ama said Monday.
August 13, 2012
Paul Ryan, Kingmaker?With the pick of Paul Ryan, Romney has shown that he is willing to make a risky, far-right candidate his running mate despite the possible alienation of independents and his partners polarizing budget blueprint.
August 13, 2012
Patton’s Fund Picks, Pt. 5: Specialty Bond FundsAdvisor Mike Pattons favorite mutual funds in the domestic convertible, high-yield and specialty bond spaces.