Economy & Markets
The important economic and stock market news that advisors need to know.
Bundesbank Head Said to Have Threatened Resignation Over Bonds
By Marlene Y. SatterJens Weidmann, president of Germanys Bundesbank, reportedly threatened to resign over the issue of bond purchases by the ECB, according to a German tabloid.
August 30, 2012
Housing Bulls Living in ‘Fantasyland,’ Economist SaysDont believe the hype. Thats the message Anthony Randazzo of the Reason Foundation delivered Thursday about the housing market.
August 30, 2012
World’s Richest Woman Says People Should Drink Less, Work More"Crocodile Dundee" solidified Aussies reputation as laid back, but the worlds richest woman is singlehandedly changing that.
August 30, 2012
Bernanke to Cast His Vote on U.S. Economy at Jackson HoleBernankes speech will be analyzed more closely than usual because it follows Mitt Romneys Thursday night acceptance speech as the Republican candidate for the presidency.
August 30, 2012
Election Update: Are Demographics Destiny?One way to think about this year's election is as a contest between the impact of a sour economy (advantage Romney) and the power of the nation's shifting demographics (advantage Obama).
August 30, 2012
Election Update: Are Demographics Destiny?One way to think about this year's election is as a contest between the impact of a sour economy (advantage Romney) and the power of the nation's shifting demographics (advantage Obama).
August 30, 2012
Eurozone Confidence FallsEconomists were more optimistic than businesses and consumers in the eurozone, as figures show economic confidence reached its lowest level in three years.
August 30, 2012
Draghi Pushes Germany on ECBThe ECB head wants to buy bonds, and he doesnt want to waitand says its not necessaryto wait for closer political unity among European nations to do so.