Economy & Markets
The important economic and stock market news that advisors need to know.
France Boosts Taxes on Wealthy and Large Companies
By Marlene Y. SatterPresident Francois Hollandes 2013 budget for France relies on tax increases on the wealthy and on large companies to help cut the countrys deficit, rather than spending cuts.
September 28, 2012
British Bankers Group Out, Regulator In on LIBOR SupervisionIn addition, more than 100 LIBOR rates bound to maturities and currencies that lack sufficient trading data to allow for proper determination will be done away with.
September 28, 2012
Advisors, the Election and Portfolios: One if by Land, Two if by SeaAdvisor Mike Martin comments on how or whether the upcoming elections should influence the way advisors structure client portfolios.
September 27, 2012
3 Reasons Obama Will Capture Independents’ Vote: Andy FriedmanAndy Friedman of the Washington Update says in his commentary that independent voters will likely tilt the election to Obama, and that the election won't immediately resolve the uncertainty surrounding the fiscal cliff.
September 27, 2012
Troika’s Internal Strife Stalls Greek DealAs tensions in Greece over additional troika-decreed austerity measures mount, spurring demonstrations and protests, tensions are mounting within the troika itself.
September 27, 2012
German Unemployment Up for Sixth MonthStill, unemployment was near its lowest level since reunification, and the overall rate held steady at 6.8%.
September 26, 2012
Obama vs. Romney: Top 7 Places Where Campaign Cash Comes FromWhich sectors give the most cash to which candidates? Some of the amounts are surprising.
September 26, 2012
Consumer Confidence Rises in September, Advisor Confidence FallsConflicting sentiments over the relative strength of the economy has pundits scratching their heads.