Economy & Markets
The important economic and stock market news that advisors need to know.
ECB Rescue Plan Still Short on Details
By Marlene Y. SatterECB President Mario Draghi is set to unveil his bond purchase plan on Thursday.
September 02, 2012
Los Angeles Nursing Home Stays ShrinkSkilled facility use is growing more slowly than the elder population.
August 31, 2012
Will S&P Resistance at 1,420 Hold?It's worth noting that 1,410 and 1,420 are previous highs from both April and May, and they are also the highest price since early 2008, last occurring before the worst part of 2008s sell-off.
August 31, 2012
4 Strikes Against Municipal BondsIts easy to contrast the muni-bond market of 2008 with todays landscape but there are significant differences.
August 31, 2012
Fed’s Bernanke Makes Case for QE3I dont think theres any question that theyre getting ready to act, an LPL analyst told AdvisorOne.
August 31, 2012
Why world markets focus on tiny Jackson Hole, Wyo.The Federal Reserve Bank of Kansas City first lured the biggest names in economics and finance to its conference with fly-fishing.
August 31, 2012
GOP Exits Tampa, Trailed by Perception They’re Party of the Wealthy, Poll FindsAs Republicans head home from Tampa after naming Mitt Romney and Paul Ryan to head their ticket in the November election, they face a widespread perception that the GOP is the party of the rich, according to a Pew Research Center survey.
August 31, 2012
Industrial Output Falls in JapanThe Nikkei took a hit on pessimism over potential Q3 contraction in Japan. Even the possibility of a deal to revive Sharp and the planned IPO of Japan Airlines were not enough to make investors optimistic.