Economy & Markets
The important economic and stock market news that advisors need to know.
Housing’s Narrowly Open Window
By Ben WarwickForeclosure levels have continued to drop throughout the summer, and the already dwindling foreclosure activity over the past year has led to a scarcity of properties and increasing demand for housing.
August 09, 2012
Britain Could Leave EU: BlairFormer Prime Minister Tony Blair of Britain is deeply worried over the possibility that Britain could say farewell to the European Union.
August 08, 2012
Dallas Fed’s Fisher: U.S at Risk of Overprescribing ‘Monetary Ritalin’Fishers comments come in response to the Federal Reserve Bank of Boston presidents call for more stimulus.
August 07, 2012
July ETF Inflows Top $16 BillionThe top 10 fund families collected nearly 90% of total exchange-traded fund inflows.
August 07, 2012
CMS: Average Drug Plan Bid Amount Falls AgainMedicare managers have cut the 2013 Part D national average monthly bid amount 5.8%.
August 07, 2012
Congress’ Top 5 Pieces of ‘Unfinished Business’As Congress headed off for its August recess, quite a few tasks were left unresolved, with the biggest by far being legislation to avert the looming fiscal cliff.
August 07, 2012
Merk Funds’ President Calls Draghi ‘Pure Genius’Draghi told the world that the ECB will act like a central bank of a United States of Europe.
August 06, 2012
Knight Capital Debacle Underscores Technological Market RisksHow stable are the electronic trading markets? The Knight Capital glitch once again throws this into question into the limelight.