Economy & Markets
The important economic and stock market news that advisors need to know.
Japan Cuts Economic Assessment
By Marlene Y. SatterThe Japanese government has cut its economic assessment for the first time since October 2011, saying the countrys economy could be in for additional risk if the global economy slows further.
August 27, 2012
Merkel Battles Headwinds at Home Over GreeceChancellor Merkel of Germany took to the airwaves over the weekend to try to quell ever-louder exitmongering talks among her political colleagues at home as they declared that Greece should depart the eurozone.
August 27, 2012
Greece Must Stay in Eurozone: Hollande, MerkelAfter meeting with Prime Minister Samaras of Greece on Saturday, President Hollande of France reiterated that Greece must remain in the eurozoneechoing the words of the German chancellor, Angela Merkel, the day before.
August 27, 2012
German Woes GrowGerman business confidence fell for the fourth month in a row as European financial woes continued to build.
August 24, 2012
Roubini: GOP’s Gold Standard Dream Would Cause DepressionIt might be a relatively slow day for the markets, but the Twitteratiincluding Nouriel Roubini and PIMCO's Bill Grossare abuzz.
August 24, 2012
Pre-Retiree Income Crushed Since Beginning of ‘Recovery’Maybe recovery no longer means what we think. A new report from Sentier Research finds that almost every cohort it studied is worse off now than it was three years ago.
August 24, 2012
Advanced Persuasion Techniques for Top Producers, Part 1Pushing your clients to achieve big goals is easier when you add a little motivational muscle to your pitch.
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.