Economy & Markets
The important economic and stock market news that advisors need to know.
Food Prices Likely to Stay Higher
By Marlene Y. SatterThe effects of droughts in the U.S. and Russia that have driven food prices higher are likely to last for the next six months, according to the U.N., and the global food market will be in short supply mode.
October 05, 2012
Ex-CIA Official Sees ‘Supersonic Boom’ in Global Growth: RIIA ConfabEx-intelligence official Herb Meyer predicted a supersonic boom in the world economy in coming decades, resulting from heightened consumer demand from a global middle class including potentially billions of people recently emerged from poverty.
October 05, 2012
Inflation Boogeyman Will Strike Suddenly—Be Prepared: Merk, GoolgasianSomeday, in the possibly near future, you will suddenly be paying $10 for a gallon of milk and wondering how it happened so fast.
October 04, 2012
The tales of 9 stocks that doubledThe third quarter was good to large-cap stocks and even better for nine relatively unknown, little stocks.
October 04, 2012
Bogle Warns Boomers on Coming Retirement Train WreckThe near future is not going to be a fun time for pensioners, the Vanguard icon said at the Retirement Income Symposium.
October 04, 2012
Economy’s Been Down So Long, It Looks Like Up: Schwab’s Liz Ann SondersIn her keynote speech at the Morningstar ETF Invest conference, Sonders asserted that shes a contrarian, so the pessimism she hears is music to my ears.
October 04, 2012
Spain Stalls as ECB Council MeetsA month after Mario Draghi, head of the European Central Bank (ECB), announced his unlimited bond buying plan, Spain has yet to request aid. And while…
October 04, 2012
Morningstar ETF Invest Live Blog, Day 2: Morgan Stanley vs. iShares on the Future of AdvisorsHighlights of the conferences first full day: Koesterich on the Economics of Politics; alternative ETF tool kits; Chris Gardner of Pursuit of Happyness fame.