Economy & Markets
The important economic and stock market news that advisors need to know.
Is There a Way to Play Commodities’ Wild Ride?
By Gil WeinreichAn actively managed fund offers the possibility of benefiting from both the broadly negative trends and positive micro-trends in commodities. But the success of such a strategy depends on the skill and foresight of the manager.
July 25, 2012
CFPB Rolls Out Financial Aid Shopping Sheet as Student Debt Tops $1 TrillionAs outstanding student loan debt has surpassed the debt consumers hold in credit cards and car loans, the CFPB has just completed a form colleges can use to break down costs and payment options.
July 25, 2012
U.K. Recession DeepensAs the world counts down to the opening of the Olympic Games in London on Friday, Londonersand others in Britainare dealing with an economy that in Q2 of this year slowed considerably more than expected.
July 24, 2012
U.S. Poverty Nearing Highest Rate Since 1965Ahead of Census figures, analysts estimate that one in six people were poor in 2011, and they don't see the numbers improving soon.
July 24, 2012
U.S. home prices have bottomed out (Fox News)The Zillow Home Value Index climbed 0.2% on a year-to-year basis to $149,300 for the first time since 2007.
July 24, 2012
Paulson, Rubin Say Congress Will Blink on Fiscal CliffIn something of a blast from the past, two former Treasury secretaries from different parties agree the U.S. probably will avoid the so-called fiscal cliff.
July 24, 2012
Moody’s Cuts Outlook on Germany, Luxembourg, NetherlandsGermany, the Netherlands and Luxembourg saw their outlooks downgraded to negative by Moodys Investors Service late Monday as debt woes in the eurozone continued to worsen.
July 23, 2012
European Crisis Biggest Factor When Advising Clients: SurveysAdvisors polled in recent studies by kasina and OppenheimerFunds agreed that the debt crisis in Europe is having the biggest impact on the advice they give to clients.