Economy & Markets
The important economic and stock market news that advisors need to know.
Tweets of Doom From Gross, Roubini Point to Slowdown
By John SullivanTwin 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.
July 17, 2012
BoE Governor Pushed for Barclays Chief’s OusterThe British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.
July 16, 2012
Estate Planners: 5 New Taxes to WatchCome January, certain clients could be facing higher tax bills. Get ready now to help them cope later.
July 16, 2012
Estate Planners: 5 New Taxes to WatchCome January, certain clients could be facing higher tax bills. Get ready now to help them cope later.
July 16, 2012
Asset Manager Urges San Bernardino Bondholders: Don’t PanicAs municipal bondholders worry about how to protect themselves from the impending bankruptcy of San Bernardino, Calif., separate account bond manager Asset Dedication is telling clients not to panic.
July 16, 2012
Spitzer: LIBOR Scandal ‘About as Big as It Gets’Former Gov. Eliot Spitzer of New York, no stranger to scandal himself, says there could be very serious questions for Treasury Secretary Tim Geithner if he failed to adequately pursue concerns about LIBOR in 2008.
July 16, 2012
Doomsayers Wrong on Last Year’s Debt DowngradeWarnings last August of an unprecedented financial crisis accompanied by fire and brimstone appear to have been wrong.