Economy & Markets
The important economic and stock market news that advisors need to know.
Top 10 Biggest U.S. Banks With Best Reputations
By Michael S. FischerDix & Eaton, a 60-year-old communications consultancy, identified nine critical value factors that drive the reputation of financial institutions, and ranked the nations 10 largest bank holding companies in terms of each.
July 18, 2012
Housing Starts Rise, but Watch for Housing StopsWhile Wednesdays housing-starts data suggest a possible comeback in the battered sector, a new study of trends among older Americans suggests that housing stops are a factor once Americans hit 75.
July 18, 2012
Inactivity “killing as many as smoking” (BBC)Researchers findings, recently published in the Lancet, estimate roughly one-third of adults are not active enough and that it is causing 5.3 million deaths per year
July 18, 2012
The Dow and 7 Days of DisasterDisasters affect financial markets from Pearl Harbor to Fukushima, but what role does human behavior play in market successes and failures?
July 18, 2012
Slowing Economy to Hit China Jobs; South Korean Banks Investigated for Rate-RiggingThe global economic slowdown is taking its toll in Asia, which has also proved it is not immune to financial scandal.
July 17, 2012
Good for Consumers, Bad for the MarketsHow will consumers react when merchants can offer discounts to customers paying with cash, and impose fees on those paying with credit?
July 17, 2012
Bernanke to Senators: Don’t Dawdle in Addressing Fiscal CliffFed Chairman Ben Bernanke signaled to senators on Tuesday that more quantitative easing measures might be taken and urged lawmakers to not dawdle in addressing the nations fiscal woes.
July 17, 2012
Tweets of Doom From Gross, Roubini Point to SlowdownTwin tweets from two titans, PIMCO's Bill Gross and the economist Nouriel Roubini, on Monday point to pessimistic outlooks from the men and their firms.