Economy & Markets
The important economic and stock market news that advisors need to know.
Today’s Bond Yields Are ‘Financial Repression’: Vanguard Expert
By Janet LevauxKen Volpert, head of Vanguards Taxable Bond Group, wants to be sure that bond investors are prepared for what lies aheadnamely small to negative returns.
September 07, 2012
Stop beating up the richMost large accumulations of wealth today are earned, not inherited. So why such a backlash against the 1%?
September 07, 2012
Nomura May Buy Asian Investment Firm or BrokerNomura Holdings may be pulling back on the global stage, but its looking for ways to boost its presence in Asia to take advantage of the regions growth and its rising coterie of affluent individuals.
September 07, 2012
LIBOR Will Be Gone in 5 Years: PollA majority of investors surveyed around the world believe that LIBOR will be gone within five years, and a more tightly regulated benchmark will take its place.
September 07, 2012
ECB Plan Cuts ‘Drama’ From Aid Requests: MontiECB President Mario Draghis plan to buy bonds and drive down the interest rates for eurozone countries in trouble has lessened the stigma of asking for help, according to Prime Minister Mario Monti of Italy.
September 06, 2012
Is SEC Really Too Cozy With Wall Street?Revelations of the close ties between a former SEC commissioner and key SEC policymakers are reviving questions about a so-called revolving door in which the lure of future high-paying jobs may improperly influence government decisions.
September 06, 2012
7 U.S. Presidents Who Flopped FinanciallyBecoming president doesnt mean youre as successful with your money as with your career. AdvisorOne spotlights seven who flopped financially.
September 06, 2012
Investors, Tune Out ‘Election Noise’ and Focus on Long Term: Wells Fargo Advisors ReportInvestors would be wise to tune out the election noise and any short-term market gyrations and focus on their long-term investment strategy, a new report by Wells Fargo Advisors says.