Economy & Markets
The important economic and stock market news that advisors need to know.
Could a budget fight rattle the bond market?
By Matthew CraftOn the road and in financial markets, it pays to ask somebody with a good sense of direction.
December 14, 2012
Bill Gross: Fed Action Means ‘Money for Nothing’PIMCO's Bill Gross says the latest round of stimulus will enable Treasury to issue debt for no cost.
December 12, 2012
Wealthy French, Average Americans, Continue to Flee High TaxesWhile Frances most famous actor, Gerard Depardieu, is the latest person to flee the country because of a wealth tax set for 2013, new data from the U.S. Census Bureau suggests that ordinary Americans with average incomes continue to flee high-tax states.
December 12, 2012
Fed Announces QE4, With a TwistQE Whatever is now officially QE4, but with an unexpected twist: Fed will hold rates steady and continue to buy until unemployment hits 6.5% and inflation remains tamed.
December 12, 2012
BlackRock’s Fink: 95% of Fiscal Cliff Pundits ‘Have No Clue’Larry Fink is trying his hand as television pundit, and he doesnt like what he sees.
December 12, 2012
Treasury Sells Remaining AIG Shares, Profiting From BailoutThe Treasury Department on Tuesday sold its remaining 16% of AIG common shares for $7.6 billion, putting an end to the governments 50-month shotgun financial tryst with the global insurer.
December 12, 2012
Structured Notes to Surpass CDs in 2013: IncapitalNew research by Incapital shows that structured notes, particularly nonprincipal protected notes, will likely surpass structured certificates of deposit in terms of growth in 2013.
December 11, 2012
Fed likely to revamp bond purchases to aid economyThe Federal Reserve is expected to announce a revamped bond-buying plan Wednesday to maintain its support for the U.S. economy.