Economy & Markets
The important economic and stock market news that advisors need to know.
U.K. in Double-Dip Recession
By Marlene Y. SatterFor the first time since the 1970s, the U.K. is in a double-dip recession. A construction slump added to a fall in GDP in Q1.
April 24, 2012
Post Financial Crisis, Investors Wary of Taking On Risk: IMCA ConferenceOver the past three years U.S. households have become more conservative, with 58% increasing their savings rate, shifting investments away from stocks and delaying retirement, according to recent ICI research.
April 24, 2012
Sam Stovall’s Seven Rules of Wall Street Investing: IMCA ConferenceS&P Capital IQs Sam Stovall provided a welcome counterbalance on Tuesday afternoon to the pessimistic message delivered by Doublelines Jeffrey Gundlach earlier in the day.
April 24, 2012
New Index Tracks Sputtering Economic RecoveryRather than wade through the IMF's 250-page forecast, a new, interactive web page allows you to quickly grasp that the global economy remains on life support.
April 24, 2012
U.S. in ‘Self-Sustaining Recovery,’ but Tax Uncertainty Will Linger: ValliereGreg Valliere, chief strategist at Potomac Research Group, says the U.S. is experiencing a self-sustaining recovery, mediocre at best.
April 24, 2012
Doubleline’s Gundlach Delivers Bleak Outlook on Nation’s Debt: IMCA ConferencePunctuating his comments with quotes from Shakespeare, Doubleline Funds Jeffrey Gundlach offered sobering testimony Tuesday about the current debt and deficit crisis in the United States and abroad.
April 24, 2012
Indian Firms Scorn Insurance Sanctions on Iranian OilIndian shipping companies have said they will continue to carry Iranian crude oil despite sanctions that will leave them with potential risk exposure due to limited insurance coverage.
April 24, 2012
Merkel Won’t Budge, Says AllyPeter Altmaier, the chief whip of Merkels party, said that despite the defeat of the French president in the first round of elections and the fall of the Dutch government, Merkel had not changed her mind about the best way to combat the debt crisis.