Economy & Markets
The important economic and stock market news that advisors need to know.
Germany Key to Europe’s ‘Hangover’ Problem: Strategic Investment Conference
By John Sullivan"You know its a strange time in Europe when the Pope is German and the head of the ECB is Italian." says, David McWilliams at the Strategic Investment Conference.
May 04, 2012
Europe Tries to Regroup as Spain FaltersLargely ignoring sovereign debt woes in the region, European stocks inside the Vanguard MSCI Europe ETF were ahead by 7.65% this year, as of late April.
May 04, 2012
Five Good Questions for Tadas Viskanta of Abnormal ReturnsThe author says that active investors need to be aware that the odds are against them and that there are real costs, both explicit and implicit, in taking such an active approach.
May 04, 2012
Game Over for the American Dream? 3 Economists’ Bleak AnswerLaurence Kotlikoff, an economist and candidate for president on the Americans Elect third-party platform, and two other economists say the governments excessive spending habit amounts to fiscal child abuse.
May 04, 2012
Norway Dumps Bonds as Elections LoomAs the possibility of drastic change hovers over France and Greece, with elections to be held Sunday, Norway has warned that Europe is in for a rough ride.
May 04, 2012
Economist Brock: ‘Liberal Capitalism vs. Statist Capitalism,’ That Is the QuestionIn a stark speech heavy on humor and academic theorems, H. Woody Brock set out to tell the Strategic Investment Conference attendees how to get out of the economic mess were in.
May 04, 2012
U.S. Unemployment Rate Barely Changed in April as Economy Added Only 115,000 JobsThe U.S. unemployment rate was little changed in April, at 8.1% versus 8.2% in March, as the economy gained only 115,000 jobs, the Labor Department reported Friday.
May 03, 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.