Economy & Markets
The important economic and stock market news that advisors need to know.
Hussman Warns of ‘Goat Rodeo’ for Markets With 25% Losses
By Gil WeinreichThe PhD portfolio manager warns that today's low earnings yields and high financial advisor bullishness "is associated almost exclusively with steeply negative outcomes."
January 30, 2012
Ireland Could Put New Eurozone Treaty to ReferendumAs eurozone ministers gather Monday for the final touches to a new treaty set to tighten budget rules for the bloc, disagreement in Ireland over continued austerity could threaten the currency.
January 30, 2012
PIMCO’s El-Erian: Too Much Liquidity From Central Banks?PIMCO chief Mohamed El-Erian raises surprising points in his piece posted Saturday, especially in light of arguments made by his boss, Bill Gross.
January 27, 2012
Advising International Clients; Looking Beyond Wirehouses: February Research—SlideshowServing internationally mobile clients has become a growth industry for financial advisors, as Contributing Editor Ellen Uzelac discusses in Research magazine's February cover story "Advising Across Borders." Another February article, Fear of Flying, tells the stories of brokers who left the wirehouse world in order to become registered investment...
January 27, 2012
Top Portfolio Products: ProShares ETF Focuses on Germany; BlackRock Offers New FundNew products over the last week include a new ETF focusing on German debt from ProShares and a reintroduced multi-asset income fund from BlackRock.
January 27, 2012
ProShares Launches ETF Focused on German DebtProShares announced Thursday the launch of the first U.S.-based ETF focused on sovereign and sub-sovereign debt from Germany, which has the world's third-largest public debt market and is widely recognized for its fiscal strength.
January 27, 2012
All-Around Pressure Marks Greek NegotiationsNo one it seems can escape the pressure to accept less in the negotiations to save the Greece economy.
January 27, 2012
For Big Banks, It’s a Case of Bill Gross vs. Gundlach, KBW, et alIn the case of Too Big to Fail vs. Market Expectations, it looks like negative market expectations are winning out against the big U.S. banks.