Economy & Markets
The important economic and stock market news that advisors need to know.
Baseball’s 7 Biggest Busts: Phenoms to Flops
By Dan BermanAdvisorOne turns from the field of money to the field of dreams, or rather nightmares, in this case. These players started with a bang, but all quickly faded.
April 04, 2012
Raymond James Taps Former Morgan Keegan CEO to Lead Fixed-Income GroupThe fixed income and capital markets group will be led by John Carson Jr., former CEO of Morgan Keegan.
April 04, 2012
10 Warning Signs of Springtime Stock Slump: LPL’s KleintopLPL Financial chief market strategist Jeff Kleintop and his team have identified 10 indicators to watch this spring that may warn of an impending slide in the stock market.
April 04, 2012
Reinhart and Rogoff Say This Time Is Not DifferentCarmen Reinhart and Kenneth Rogoff argue that financial history does not support the view of Fed economists that happy days are here again.
April 04, 2012
Investors More Concerned About Inflation Than Advisors, MFS Survey FindsInvestors are more concerned about inflation over the next 12 months than their financial advisors think, according to the latest results from the MFS Investing Sentiment Survey.
April 04, 2012
John Hancock Reports Rise in Investor ConfidenceInvestor sentiment improved to +21 in the first quarter of this year, compared with a score of +15 in the fourth quarter of 2011, the most substantial increase since the Index was started in early 2011, the report says.
April 04, 2012
Draghi Tested by German Wage HikesEuropean Central Bank President Mario Draghi is in the hot seat over his continuing uniform euro zone policy aimed at controlling inflation.
April 04, 2012
Monti Reaches Deal on Italian Labor LawsPrime Minister Mario Monti has reached an agreement with the main political parties in Italy to back his plan to relax rules on firing workers.