Economy & Markets
The important economic and stock market news that advisors need to know.
German President Resigns Amid Scandal
By Marlene Y. SatterChristian Wulff, president of Germany, abruptly quit his post in the midst of an escalating financial scandal, complicating the job of Chancellor Angela Merkel in negotiations over the eurozone debt crisis. Wulff may face charges of corruption as investigators seek to eliminate the immunity conferred by his office to probe...
February 16, 2012
Moody's Warns More Downgrades on the WayMoody's warned that it could downgrade the credit ratings of 131 institutions, including 17 banks and securities firms that have global operations as it reviews their long-term ratings and standalone credit assessments.
February 16, 2012
Greek Bailout Held Up as More Austerity DemandedFinance ministers doubt that Greece will keep its promises of austerity once elections are held, and are considering how to withhold funds without triggering a complete default.
February 16, 2012
PIMCO’s Gross Ponders Life, Death and Recent Fed ActionBond king alerts readers to the costs for a marketplace that still believes cheap and abundant credit is always good.
February 16, 2012
Bashing Wall Street and Election Year Politics: PodcastResearch magazine Senior Editor Kenneth Silber appeared on the Gabe Wisdom Show, on the Business Talk Radio Network, to discuss the intersection of Wall Street and election-year politics.
February 15, 2012
Defending the FedAn American Enterprise Institute scholar argues that both the Fed and U.S. savers today must choose among unpleasant alternatives.
February 15, 2012
Pension Risk Transfer Attractiveness Unchanged, Despite Higher Pension Funding LevelsA key benchmark that gauges the relative attractiveness of annuitizing pension liabilities has remained nearly unchanged since January, according a press statement from Dietrich & Associates.
February 15, 2012
Pension Risk Transfer Attractiveness Unchanged, Despite Higher Pension Funding LevelsA key benchmark that gauges the relative attractiveness of annuitizing pension liabilities has remained nearly unchanged since January, according a press statement from Dietrich & Associates.