Economy & Markets
The important economic and stock market news that advisors need to know.
5 Reasons to Watch for Deflation: Gary Shilling
By John SullivanThe last meaningful episode of deflation was in the 1930s, but it's about to happen again, the perma-bear says.
March 20, 2013
Inside the Moleskine IPO: Everything you need to know about this wildly profitable fancy notebook companyIf a notebook maker can issue an IPO in this economy, then there is money out there after all.
March 20, 2013
Fed Holds Rates, QE in Place as Congress Holds Budget HostageIn its efforts to prop up the economy by keeping interest rates down, the Fed will keep buying $85 billion a month in Treasury and mortgage-backed securities.
March 20, 2013
Freddie Mac Sues Big Banks Over LIBORGovernment-owned Freddie Mac accuses the banks, including Bank of America, of acting collectively to hold down the U.S. dollar LIBOR.
March 20, 2013
BlackRock’s Koesterich: Europe’s Banks Are Its ‘Achilles’ Heel’At a Commonwealth gathering, a BlackRock investment guru sees danger and opportunity in Europe and suggests the great rotation to equities is not happening."
March 19, 2013
When the proposal costs more than a weddingMarriage proposals have become so popular that proposal planners now exist.
March 19, 2013
Top 20 Countries for Foreign InvestmentThe United States doesnt make the top 20 when rolling out the red carpet for foreign investors.
March 19, 2013
Congress Gets Ready to Tackle Tax Reform, BudgetCongress is abuzz with activity this week as lawmakers start overhauling the tax code and plan to finish a continuing resolution to fund the government.