Economy & Markets
The important economic and stock market news that advisors need to know.
Swiss Commodities Business May Be Revamped
By Marlene Y. SatterSuch changes could threaten Switzerland's reputation as a global commodities trading hub.
October 08, 2012
Millionaires Give Good Marks to Advisors, Bad Marks for EconomyComprehensive research from Maritz Research conducted last spring details everything from the voting habits of the well-heeled to millionaires views of their own advisors.
October 08, 2012
Bill Gross Compares ‘Damaged’ Fiscal Situation to Own AmnesiaWhen Bill Gross says he has amnesia, maybe its time to panic.
October 08, 2012
Six Banks Set LIBORIn the wake of the scandal that revealed LIBOR under manipulation by banks all over the world, the benchmark lending rate is suffering a credibility gap even as a smaller core group of banks contributes to setting the rate.
October 08, 2012
Spain in Mind as Eurozone Brings ESM OnlineThe European Stability Mechanism, the permanent rescue fund of the eurozone, goes into operation on Monday in anticipation of Spains potential need for a bailout.
October 08, 2012
Few Apply for Top BoE SpotThe list of candidates to succeed Mervyn King as governor of the Bank of England is smaller than expected, with many potential candidates disqualified because of recent investigations into bank misdeeds, and two of the top contenders off the list by choice.
October 07, 2012
Demagogues and the ElectionWhat is a demagogue and why should you care? One advisor's look at how things are likely to change after the election.
October 05, 2012
Changes to Come at World Bank, Chief SaysHe said that he wants the World Bank to lessen its emphasis on approving loans for development and concentrate more on getting results that make a difference.