Economy & Markets
The important economic and stock market news that advisors need to know.
Should Advisors Move to Texas Over Taxes?
By Gil WeinreichTax-weary advisors in places like New York, Chicago or L.A. may dream about Florida or Texas. But is it sensible to make such a move?
June 26, 2012
Rise of Brazil and the Beautiful GamesFor Brazil, the 2014 World Cup and the 2016 Olympic Games are about more than just sportstheyre a chance to showcase that the country is worth investing in.
June 26, 2012
‘Be Brave’ and Buy Dividend-Paying Stocks, Allianz CIO Tells InvestorsThe time may be coming when investors should think the unthinkable and be prepared to pay safe-haven banks to hold their money, says AGI Global CIO Andreas Utermann.
June 26, 2012
Grain Rallies Offer Portfolio DiversificationIs there any silver lining on todays economic times? Well, yes, but it is coming from an unexpected source.
June 26, 2012
Spanish Banks Downgraded as Cyprus Seeks BailoutThe troubled eurozone continued to experience turmoil as Moodys downgraded 28 Spanish banks and Cyprus requested a bailout that could amount to more than half its economy.
June 25, 2012
STOCK Act Doesn’t Bar Lawmakers From Trading on Their KnowledgeShould lawmakers refrain from taking actions in their financial portfolios when they have information not yet known by the public?
June 25, 2012
JPMorgan’s Dimon Target of Effort to Be Booted From NY Fed BoardAfter calling for JPMorgan's CEO Jamie Dimon to step down from his position on the board of the New York Federal Reserve, Simon Johnson, former chief economist at the IMF, started a petition.
June 25, 2012
Watching ‘Dr. Copper’Industrial materials have always been useful tools in the prediction of economic prospects to come.