Economy & Markets
The important economic and stock market news that advisors need to know.
Gilts Drop on Austerity
By Marlene Y. SatterWhile yields are still near record lows and support lingers for austerity policies in some sectors, those policies are backfiring on the bond market in the U.K., with gilts losing 1.92% in Q1.
April 13, 2012
Why You Shouldn't Trust Washington or Wall Street, Part 1If youve ever listened to Wall Street analysts, economists, and politicians, you will have noticed something they would be quite hesitant to admit: they are often dead wrong in their stock market and economic predictions.
April 13, 2012
JPMorgan, Wells Fargo Beat Views as Q1 Earnings Season Kicks OffThe finance sector on Friday launched the first-quarter 2012 earnings season with unexpectedly good results from JPMorgan Chase and Wells Fargo.
April 13, 2012
It’s Beginning to Look a Lot Like 2011Echoing warnings by the hedge fund manager George Soros and the WTO, the Financial Times points to similarities in market moves over the past three years.
April 13, 2012
ECB Will Buy Bonds, Not Make Loans: EconomistsThe ECB is more likely to resume buying up sovereign bonds than it is to make any more cheap long-term loans, according to a poll of economists.
April 13, 2012
China Growth Slowest in Almost Three YearsChina's economy is still slowing, hitting its lowest growth rate in almost three years, with the first-quarter rate prompting fears that additional government intervention might be necessary to halt its downward slide.
April 12, 2012
S&P 500 Will Drop 43%: ShillingMoney manager, economist and AdvisorOne contributor Gary Shilling is out with another bold prediction, one that might have legs. Shilling says that the S&P 500 will drop 43% from its recent level this year.
April 12, 2012
5 Tips to ‘Spring-Clean’ a PortfolioEvery year at springtime, daffodils bloom, robins hunt for worms and people file their taxes. Its this last item thats a reminder to advisors that now is also the time to clean client portfolios.