Economy & Markets
The important economic and stock market news that advisors need to know.
Tax Hike Needed
By Alexei BayerWere conditioned to regard taxation as bad for the economy.
February 01, 2012
Future Growth ‘Uneven’: Vanguard OutlookHeadwinds from the housing industry, consumer balance-sheet repair and Europesand the United States, eventuallymove toward austerity will keep GDP growth between 2% and 3%, Vanguard reported in its January 2012 economic and investment outlook.
February 01, 2012
Former RBS Chief Stripped of KnighthoodFormer Royal Bank of Scotland Group CEO Fred Goodwin is now also a former knight of the realm. Goodwin, on the advice of the Honors Forfeiture Committee in Britain, was stripped of his knighthood.
February 01, 2012
Morgan Stanley Buys Indonesian Brokerage SeatFor a while, Goldman Sachs was interested in increasing its presence in Indonesia. But now it seems that, as Goldman's interest waned, Morgan Stanley's grew.
February 01, 2012
EU Vetoes Merger of Deutsche Boerse-NYSE EuronextMeasures proposed by the two companies failed to satisfy the Competition Commission. The European Commission characterized the proposal as leading to a near-monopoly that would bring harm to customers.
February 01, 2012
Best Month for Stocks in 15 Years, but for Rest of Year?—Searching for Alpha for February 2012Plenty of good signs for the markets, but 2012 is likely to be another circuitous year for stocks.
January 31, 2012
Which indexed annuity GLWB is best?The determining factor ultimately depends on whether the rider performs better now or later.
January 31, 2012
Three Global Financial Scenarios for 2012The global economy in 2012 will likely remain in a so-called “Great Idle,” with slow, positive growth and an economic crisis avoided, according…