Economy & Markets
The important economic and stock market news that advisors need to know.
Prediction Time
By Kenneth SilberForecasting election outcomes has taken on some of the trappings of a science in recent years.
July 26, 2012
Draghi Says ECB Will Do ‘Whatever It Takes’ECB President Mario Draghi declared that the central bank will do whatever it takes to keep the euro intact, as eurozone central banks looked for new ways to spur bank lending and undo the blocs financial logjam.
July 26, 2012
Congress can’t be trusted to fix itself (Atlantic)Bob Kerrey is the current Democratic nominee for the Nebraska Senate seat, which he held from 1989 to 2001. Away from the game for 11 years, Kerrey is not happy with how Congress has changed.
July 25, 2012
Is There a Way to Play Commodities’ Wild Ride?An actively managed fund offers the possibility of benefiting from both the broadly negative trends and positive micro-trends in commodities. But the success of such a strategy depends on the skill and foresight of the manager.
July 25, 2012
12 Key Investment Strategies for Rest of 2012: Morgan StanleyMSSBs global investment group shares its asset-allocation strategy for equities, bonds and alternatives for the second half of 2012.
July 25, 2012
Geithner: Europe Crisis Is Biggest Threat to U.S. EconomyTreasury Secretary Timothy Geithner discussed with lawmakers on Wednesday a number of issues, from the success of financial reform to the European crisis to the SEC's attempt to overhaul money-market funds.
July 25, 2012
CFPB Rolls Out Financial Aid Shopping Sheet as Student Debt Tops $1 TrillionAs outstanding student loan debt has surpassed the debt consumers hold in credit cards and car loans, the CFPB has just completed a form colleges can use to break down costs and payment options.
July 25, 2012
U.K. Recession DeepensAs the world counts down to the opening of the Olympic Games in London on Friday, Londonersand others in Britainare dealing with an economy that in Q2 of this year slowed considerably more than expected.