Economy & Markets
The important economic and stock market news that advisors need to know.
What the Movement of the VIX Tells Us About Investing
By Mike PattonWith the cliff behind us, a reminder that when investing in stocks, patience is truly a virtue.
January 02, 2013
Forget Zero-Sum: Much of Life and Economics Is Win/WinIf our legislators and regulators realized this, we would all be much better off.
January 02, 2013
Good year expected for North American stocksBMO Financial anticipates another positive stock performance in 2013, with the U.S. setting the tone.
January 02, 2013
S&P’s Stovall: Pleasing Market Tally for 2012, Warning for 2013Substantial gains across asset classes in 2012 confirmed the old adage about the market ascending a wall of worry. But the certainty of political fighting over spending cuts in the first quarter should provide market entry opportunities to those who missed last year's ride.
January 02, 2013
Fiscal Cliff Deal: The Good, the Bad and the UglyThe fiscal cliff deal that was approved by Congress sent the markets soaring Wednesday, but lawmakers and industry officials were quick to weigh in with their opinionspositive and negativeon the deal.
January 02, 2013
PIMCO’s El-Erian: Fiscal Cliff Deal Makes Little Economic SensePIMCO CEO doesnt think much of the last-minute deal struck by Congress to avert the fiscal cliff.
January 02, 2013
2013: The Year of Trading Dangerously—Searching for Alpha for January 2013The markets this year will be dominated by politics: expect panic sell-offs, but hew to the long-term view in building sensible client portfolios.
January 02, 2013
House Passes Fiscal Cliff Bill, Averting Plunge—for NowHouse passes Senate bill, 257-167, shortly before midnight, sending legislation to President Barack Obama to sign.