Economy & Markets
The important economic and stock market news that advisors need to know.
Energy Prices Headed Up: T. Boone Pickens
By Janet LevauxNatural gas and crude oil prices should increase somewhat over the next six months, the billionaire energy investor says.
July 03, 2012
Barclays’ Chief Quits as Outcry Over Libor GrowsA day after he insisted he had no intention of stepping down, Bob Diamond resigned as head of Barclays Bank effective immediately, bowing to pressure from lawmakers outraged over the manipulation of Libor rates on his watch.
July 02, 2012
State Capitalism to Rule the U.S.: Roubini ReportGet ready for bigger government, no matter who you vote for this fall.
July 02, 2012
4 in 10 Canadians Cite Prospect of Renewed U.S. Recession as Chief ConcernFour in 10 Canadians say the possibility of a renewed recession in the U.S. is the No. 1 threat to Canada's continuing prosperity, according to a new report.
July 02, 2012
Women Are an Opportunity, Not a Niche: Schwab’s ClarkAmong the lessons from Schwabs Women and Financial Independence Study, according to Bernie Clark: Dont treat us differently, but do get to know us and our goals.
July 02, 2012
EU Summit Decision: Just Kicking the Can Down the Road—Searching for Alpha for July 2012Why Im skeptical that the latest EU prescription can change the fundamentals of the eurozones problems.
July 02, 2012
Diamond Pressured as Barclays’ Agius Steps DownBarclays Chairman Marcus Agius resigned from his post after a LIBOR-rigging scandal resulted in a fine of 290 million pounds. CEO Bob Diamond remained at the helm despite calls for his ouster.
June 30, 2012
5 Keys to the presidential raceAs the Gallup piece surmises, this election cycle will have many twists and turns along the way.