Economy & Markets
The important economic and stock market news that advisors need to know.
Greece Should Remain in Eurozone: G8
By Marlene Y. SatterGreece should remain in the eurozone despite its financial woes, according to a communique issued by the G8 gathering at Camp David during the weekend.
May 18, 2012
Facebook Frenzy Is About Separating Fools From Their Money: News AnalysisThe clamor for shares of Facebook's IPO was so great, it guaranteed one outcome and almost guaranteed another: that Facebooks founders would be even richer than they thought and that investors would wind up with mediocre results.
May 18, 2012
DoubleLine’s Gundlach: ‘We Don’t Like the Short End of the Curve at All’The legendary fixed-income manager Jeffrey Gundlach, CEO of DoubleLine Capital, joined Tom Keene on Bloomberg TVs Surveillance Midday to discuss Europe, alpha and possible Fed moves.
May 17, 2012
CFO Wields Baseball Bat in ‘Talk’ With CEOCFO of global investment firm Talos Partners allegedly used a baseball bat to emphasize his displeasure with his boss.
May 17, 2012
Americans Reluctant to Invest in Equities: Franklin TempletonDespite strong U.S. equity market returns in early 2012, indications are that Americans remain investment spectators, a study designed by Duke professor Dan Ariely found.
May 17, 2012
Senate Banking’s Johnson Asks JPMorgan’s Dimon to TestifySen. Tim Johnson, D-S.D., chairman of the Senate Banking Committee, said Thursday that he planned to hold the first hearing regarding the JPMorgan losses on Tuesday, May 22.
May 17, 2012
Reporting From Europe: Will Germany Push Greece Out of the Euro?If Greece does not meet its obligations, many here feel that Germany will force it out of the euro. What's an advisor to do?
May 17, 2012
SRI Investor Coalition Tells Shale Energy Companies to Clean Up Their ActA coalition of investors committed to environmental stewardship and corporate responsibility are using their combined $1 trillion in assets to pressure energy companies to adhere to best practices in fracking shale oil gas.