Economy & Markets
The important economic and stock market news that advisors need to know.
ECB To Buy Short-Term Bonds With No Public Cap: Sources
By Marlene Y. SatterECB President Mario Draghis plan to buy bonds will be unlimited but will also be focused on government bonds with short maturity, and also will be sterilized to avoid any charges that the central bank is printing money.
September 04, 2012
Barack Obama’s rebranding challenge: Arrack, orate, repeatHell hath no fury like a disappointed customer. That's the central "rebranding" challenge facing Barack Obama as he goes into the final campaign sprint.
September 04, 2012
Moody’s Cuts EU Rating OutlookThe ratings agency warned that risks to four key budget contributorsFrance, Germany, the U.K. and the Netherlandscould take the whole group down.
September 04, 2012
Rethinking Fixed Income—Searching for Alpha for September 2012Its time to start planning how fixed-income allocations should change based on current economic realities.
September 04, 2012
German Bankers Argue Over ECB Supervision PlansThe EC has plans to give the ECB authority to supervise all eurozone banks, but the German government says that only the largest banks should be subject to ECB oversight.
September 04, 2012
EU Leaks of Draghi Comments Threaten Future Meets: ChairwomanSharon Bowles, chairwoman of the EU assemblys economic and monetary affairs committee, berated fellow committee members after comments made by ECB President Mario Draghi in a confidential meeting were leaked to the media.
September 04, 2012
Companies Prepare for Greek ExitDespite the prime minister's about-face from austerity opposition to austerity enforcer, public sentiment in Germany and Austria is rising against any further help to the beleaguered country.
September 04, 2012
Eurozone Manufacturing Sector Falls FasterThe manufacturing sector in the eurozone shrank more quickly than thought in August, even though factories had cut prices in an attempt to boost demand.