Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar Conference Preview: Alternatives, Technology and Other Hot-Button Issues
By John SullivanMorningstar's Shannon Zimmerman tells Investment Advisor's John Sullivan that the speaker lineup will include GMOs Grantham and JP Morgans Gatch.
March 27, 2012
Financial Repression: How Governments Punish SaversAs if on cue, Fed Chairman Ben Bernanke signaled he would take further action to keep interest rates low the day a new study on financial repression predicted the tactic.
March 27, 2012
Is Bill Gross Emotionally Tapped?One would think so from reading Gross' latest outlook, which is surprisingly subdued given his usual linguistic bombast.
March 27, 2012
Swaps Bill Offers Dodd-Frank Dodge, Consumer Group SaysAmericans for Financial Reform is coming out against the Swaps Jurisdiction Certainty Act, which was being marked up Tuesday by the House Financial Services Committee.
March 27, 2012
AIJ Chief Denies Cheating, Admits Loss Cover-upSpeaking publicly for the first time since AIJ made headlines for losing client funds, the company president, Kazuhiko Asakawa, said that while he did cover up losses of $1.3 billion, he had never intended to cheat his customers and had been confident that the firm could recover the money.
March 27, 2012
OECD Calls for Realistic Debt Targets, Higher Firewall in EUContinuing weakness in banks, rising debt levels and questionable ability to meet fiscal targets combine to create an atmosphere in need of fiscal reform.
March 27, 2012
RBS Talks Sale With Abu Dhabi RoyalsThe Abu Dhabi ruling family is in talks to purchase a stake in the government-owned Royal Bank of Scotland, according to sources close to both sides of the potential deal.
March 26, 2012
Stats Show Bond Fund ShiftSince the 2008 financial crisis, the intermediate-term bond category has grown from less than $500 billion in assets to nearly $930 billion.