Economy & Markets
The important economic and stock market news that advisors need to know.
Will Election Results Push Euro Down to Its Fair Value?
By Janet LevauxJim O'Neill of Goldman Sachs says a drop to 1.20 euros to the dollar is more likely than not.
May 07, 2012
Sarkozy, Austerity Are Losers in E.U. ElectionsEurope could be in for change, if voters in three different countries over the weekend have anything to say about it.
May 06, 2012
Berkshire Hathaway Gathering, Pt. 2: How’s Warren Buffett Feeling?The worlds most-famous octogenarian investor says hes feeling terrific, and discloses the gender, at least, of his likely successor.
May 05, 2012
Altegris’ Sundt, Millennium’s Mauldin: ‘A Dangerous and Destructive Thing to Do’"Im sick of central banks messing in the markets," Mauldin says. 'Im sick of secular bear markets. All that stuff is bad, and it's about to be cleared out."
May 05, 2012
Doubleline’s Gundlach to AdvisorOne: ‘I’m Just Looking at the Numbers’Gundlach reacts to the notion he might be considered a perma-bear given the negative outlook he just delivered at the Strategic Investment Conference for the global economy.
May 05, 2012
Berkshire Hathaway Gathering, Pt. 1: Advisors Make the PilgrimageOne attendee says that getting to listen to Warren Buffett answer questions for 8 hours is the "best one-day economic seminar in the world."
May 04, 2012
The Earnings Season ScorecardWith earnings season about three-quarters of the way through, companies are beating their earnings at a tremendous pace -- but it's having little effect on the wider market.
May 04, 2012
PIMCO’s El-Erian: A Global Realignment Our Grandchildren Will Talk AboutThe CEO of PIMCO quoted Fed Chairman Ben Bernanke when saying, We are living in unusually uncertain times.