Economy & Markets
The important economic and stock market news that advisors need to know.
In a crummy economy, why are stocks soaring?
By Christina Rexrode, Daniel WagnerThe nation is careering toward a so-called fiscal cliff, and maybe a recession. So why is the Dow Jones industrial average just 4 percent shy of an all-time record?
September 17, 2012
Helicopter Ben Strikes Again! Implications of QE3The Bernanke put is alive and well, but now the United States must rely on entities other than the Fed to buy its debt.
September 17, 2012
Merkel Defends ECB, BundesbankChancellor Angela Merkel of Germany defended both sides of the bond-buying issue, saying that politicians should stay out of ECB limits in bond purchases but championing the right of the Bundesbank head to challenge them.
September 17, 2012
Downgrades of France, Others Irrelevant: InvestorsRatings agencies suffer from a credibility problem, judging from market reactions to some of their most dramatic moves.
September 17, 2012
Tussle Over Islands Threatens Trade Between China, JapanThe dispute over a small group of uninhabited islets in the East China Sea escalated over the weekend as protesters attacked Japanese car dealerships, shops and factories in China.
September 14, 2012
Lehman’s Lessons: News AnalysisThe natural human tendency is to think that markets are about money, but a look back at the bankruptcy of Lehman Brothers should serve as a reminder that markets are fundamentally about morality.
September 14, 2012
Dow Index Adds UnitedHealthThe giant health insurer will replace Kraft Foods, which, in turn, replaced AIG.
September 14, 2012
Dow Index Adds UnitedHealthThe giant health insurer will replace Kraft Foods, which, in turn, replaced AIG.