Economy & Markets
The important economic and stock market news that advisors need to know.
Fed to Regularly Forecast Interest-Rate Changes
By Martin CrustsingerIn a major shift, the Federal Reserve will start updating the public four times a year on how long it plans to keep short-term interest rates at record lows, according to minutes from its December policy meeting.
January 03, 2012
5 Most Likely Market Moves in 2012—Searching for Alpha for January 2012Here is a list of the five most likely market scenarios for 2012. Hint: more of the same likely this year as last, starting with politics trumping economics (again).
January 03, 2012
Greece Warns That Bailout Failure Means Euro ExitGreek officials said that move would be hell, as they tried to push through deeply unpopular austerity measures.
January 03, 2012
Goldman Defends Islamic Bond Program as Conforming to Sharia LawA program begun by Goldman Sachs in October to offer a $2 billion sukuk that conforms to sharia law has been defended by an advisor to the firm.
January 03, 2012
Gold, Oil Rises on Expansion, Iran WorriesGold and oil both posted gains on Tuesday, the former on gains by the euro, with some concern over Irans nuclear progress, and the latter on increasing concerns over the effect of tightening sanctions.
January 03, 2012
The Case for Emerging Market Equities in Client PortfoliosA review of the research suggests that including EM equities in client portfolios is wise, despite political risks and high performance dispersion among money managers.
January 02, 2012
What Lies Ahead for the Euro?Would Italy be where it is today had Berlusconi planned its public finances as well as he planned his private events?
January 02, 2012
Bright Spots, Dark Clouds: Obama Seeks Right ToneBullish yet wary, President Barack Obama is highlighting recent economic bright spots while taking care not to overstate a recovery that still has not put millions back to work.