Economy & Markets
The important economic and stock market news that advisors need to know.
World’s Richest Woman Says People Should Drink Less, Work More
By John Sullivan"Crocodile Dundee" solidified Aussies reputation as laid back, but the worlds richest woman is singlehandedly changing that.
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.
August 29, 2012
PIMCO’s Gross Says Fed Easing Will Happen Despite Upward Revision of Q2 GrowthDespite arguments that upward revision of growth will table the Federal Reserves plan, the PIMCO boss says it will happen.
August 29, 2012
‘Antichrist’ at SEC, Dimon, Bush Among Villains of Financial Crisis: TavakoliTo Wall Street scourge Janet Tavakoli, the list of financial-crisis villains still evading responsibility is not short and includes, to name a few, Jamie Dimon, Jon Corzine, Tim Geithner, Mary Schapiro, George W. Bush, President Obama and the financial media.
August 29, 2012
Few Think Bernanke Will Signal Action at ConferenceEconomists who monitor the Fed doubt Bernanke will say anything dramatic when he speaks at an annual economic conference in Jackson Hole, Wyo.
August 29, 2012
Few Think Bernanke Will Signal Action at ConferenceEconomists who monitor the Fed doubt Bernanke will say anything dramatic when he speaks at an annual economic conference in Jackson Hole, Wyo.