Economy & Markets
The important economic and stock market news that advisors need to know.
Fidelity Reports Highest-Ever Average 401(k) Balances
By John SullivanGood news from Fidelity Investments on the subject of retirement planning.
November 08, 2012
These Economic Gurus Are Hopping Mad Over Obama’s VictoryMarc Faber, Peter Schiff and Charles Biderman slam Obama, while Nouriel Roubini lauds "a major defeat of Tea Party freaks."
November 08, 2012
Dexia Doomed? France, Belgium Add More FundsAfter yet another hefty loss on its balance sheet, France and Belgium have agreed to sink yet more money into the bank.
November 08, 2012
New Chinese Leadership to Continue Economic Reforms: Hu JintaoOpening a congress to mark a once-in-a-decade leadership change, President Hu Jintao of China said the country will continue to pursue a boost in domestic demand to spur its economy.
November 08, 2012
BoE Holds Off on QEThe Bank of England (BoE) held off at its latest meeting on pouring additional funds into the British economy, opting instead to rely on a new lending scheme devised by the bank as concern over inflation grew.
November 07, 2012
Helping Clients Ride Out the Coming Fixed Income StormLike all investors, your pre-retirement clients may well be scarred, scared and skeptical, and moving more into fixed income just as a storm is brewing, Here's how you should be rethinking your approach to bonds.
November 07, 2012
Obama’s Back, Now Diversify: BNY Mellon AnalystsBNY Mellon's Dick Hoey says advisors and their clients should watch for an increase in the capital gains tax during Obama's second term.
November 07, 2012
Alice Schroeder on the Fiscal Cliff, the Risk in Fixed Income—and, Yes, Warren BuffettAlice Schroeder, the Bloomberg columnist and former insurance analyst who knows all there is to know about Warren Buffett, offered advisors some adviceand a few warningsabout the outlook for the economy post-election day.