Economy & Markets
The important economic and stock market news that advisors need to know.
Fiscal Cliff Deal: The Good, the Bad and the Ugly
By Melanie WaddellThe 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
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.
December 31, 2012
On Year's Final Trading Day, Markets Calm Despite CliffEuropean, Asian indexes rise significantly for the year, with hopes remaining that some kind of deal still can be made in U.S.
December 28, 2012
Wall St. Ignores Noise, Sees Bullish 2013 for StocksWall Street believes that the worlds central banks will do their best in 2013 to force reluctant investors to move their money out of bonds and into stocks.
December 28, 2012
Interest-Rate Risk's Ticking Time Bomb: News AnalysisWhat may seem to Americans like an annual budget crisis, recurring at the end of each year, could morph into a more European style perma-crisis...
December 28, 2012
Senate Pushes House on Fiscal CliffSpeaker of the House John Boehner called for Congess to reconvene on Sunday.
December 27, 2012
For Bonds in 2013, Many Unhappy Returns: Fixed Income AnalystsThe fiscal cliff, an accommodative Fed and slow economy will conspire to push yields down, say analysts with Loomis Sayles, LPL, Morgan Stanley and more.
December 27, 2012
6 market predictions for 2013How much impact will the fiscal cliff really have on the markets? Will Apple return to its former dominance? Six predictions for the year ahead.