Economy & Markets
The important economic and stock market news that advisors need to know.
S&P Capital IQ Launches Subadvisory Unit to Aid Indie Advisors
By Joyce HansonS&P Capital IQ is getting into the subadvisory business in a big way, targeting independent advisors who seek help in building model portfolios.
June 12, 2012
Italy Next, Austrian Minister SaysMere days after Spain received a bailout deal, wary investors and some eurozone officials turned their attention to Italy, proving that contagion fears are far from soothed.
June 11, 2012
Papandreou Says Greece Will Stay in EurozonePapandreou, the former Greek prime minister, said the country has a few weeks before its government runs out of money and that this is a make-or-break period.
June 11, 2012
It’s the ‘Warped’ Financial System, Stupid: HussmanThe financial system has been transformed into a self-serving, grotesque casino that encourages speculation and refuses to restructure bad debt, the portfolio manager John Hussman says.
June 11, 2012
Swanson of MFS Sees ‘Garden-Variety Recession’ in EuropeThanks to a number of factors, including world profit margins on the rise and an expansion in the U.S., James Swanson of MFS Investment Management says the next six months present not a terribly bearish story.
June 11, 2012
PIMCO’s El-Erian: Bond Bubble Simply New NormalEl-Erian knows why worldwide bond markets, where yields have dropped to record lows and debt has exploded to more than $40 trillion, arent a problem.
June 11, 2012
Spain Accepts BailoutSpain accepted a bailout Saturday for its financial sector, and Italy stepped up into the spotlight over concerns that it may be the next country to request aid.
June 11, 2012
Da Bulls and Da Bears: The See-Saw Market and Prospects for QEIIIFollowing a good week in the markets, what's next? A look at prospects for more quantitative easing, and why it would only be a stopgap measure.