Economy & Markets
The important economic and stock market news that advisors need to know.
Boomer and senior markets look to safer portfolios
By Daniel WilliamsAnnuity expert Eric Taylor discusses how volatile markets have made safe products such as annuities a more attractive bargain.
November 16, 2012
Bank Shrinkage Seen Permanent in Europe and, Later, in U.S.The 160,000 positions already announced as being on the chopping block are far from the end, with many banks not having revealed the full toll of their changes.
November 15, 2012
Scout Funds’ Moffett: Economy Is ‘Slowly Getting Stronger’2013 will be better than people think," money manager says at Schwab Impact.
November 15, 2012
Eurozone Falls Back in Recession for Q3Italy, Spain and the Netherlands all saw their economies shrink, while Greece has entered a full-scale depression. Even Belgium saw its economy stagnate. And many blame unrelenting insistence on tough austerity policies for the depressing news.
November 15, 2012
12 Best & Worst Broker-Dealers: Q3 EarningsEarnings fell as much as 88%, but also jumped over 70% within the broker-dealer industryAdvisorOne spotlights the six best and six worst performers.
November 15, 2012
Economy Seen as Debacle for Ruling Japanese PartyThe upcoming Japanese election will mean that three of Asias four largest economiesJapan, China and South Koreawill have new leaders in 2013. South Korea will elect its new president on Dec. 19, and the winner will take office in February. And China officially replaced Hu Jintao as head of the...
November 15, 2012
U.K. Retail Sales Down More Than ExpectedBank of England Gov. Mervyn King said the Monetary Policy Council had not completely ruled out an additional round of QE in the future, should it be necessary, to boost growth.