Economy & Markets
The important economic and stock market news that advisors need to know.
German Domestic Growth Strong
By Marlene Y. SatterMany countries in the euro zone may have been dialing back on consumption or struggling to replace lost jobs, but not Germany.
April 10, 2012
George Bush, Chris Christie Talk Taxes at New York ForumFormer President George W. Bush and Gov. Chris Christie of New Jersey targeted President Barack Obamas current fiscal policy at a day of Republican tax and budget talks in New York.
April 10, 2012
PIMCO’s El-Erian Cautious on Markets, Jobs and EarningsWhat Fridays disappointing employment tells us, El-Erian said, is that it is too early to declare that the U.S. economy is self-sustaining in terms of high growth.
April 10, 2012
China Trade Surplus SurprisesChina reported an unexpected trade surplus of $5.35 billion in March, after experts believed that negative numbers from February would continue.
April 10, 2012
French Factory Output Keeps Business Confidence LowFactory output in France fell for the third month in a row in February, and the gloom that descended on factory executives in that month was unchanged for March, according to the Bank of France.
April 09, 2012
Bernanke Offers No QE3 Salve, Talks Up Regulatory RoleThe Fed chairman said Monday night that money market funds and asset-backed securities were aspects of a shadow banking system that created potential channels for the propagation of shocks through the financial system and the economy.
April 09, 2012
Gen Re: Disability Income In-Force Premiums Increase 2% in 2011Disability income insurance carriers reported a 2% increase in total in-force premiums for non-cancelable and guaranteed renewable policies in 2011, according to a new report.
April 09, 2012
Record Bond Buys by Foreigners OK: S. KoreaDespite the fact that it experienced record capital outflows in 2008, South Korea has no plans to halt record purchases of its bonds by foreign investors, and will also sell 30-year bonds that are aimed at investors from outside the country.