Economy & Markets
The important economic and stock market news that advisors need to know.
Moving Beyond the Supercommittee: Schwab Responds
By Danielle AndrusThe Schwab Center for Financial Research released a statement, 'Beyond the Supercommittee,' late Tuesday following the Joint Select Committee on Deficit Reductions failure to reach an agreement on how to reduce the debt over the next 10 years.
November 23, 2011
S&P Warns of Euro Zone Downgrades if Recession RecursDavid Beers, who presided over the downgrade of the U.S. credit rating after the great debt debacle in Congress, said Wednesday that ratings in the euro zone are in danger of cuts should large parts of the region sink back into recession.
November 22, 2011
Growth Revised Down to 2%. Should We Be Worried? (The Atlantic)GDP growth has been cut. Does that mean businesses will hire or fire workers?
November 22, 2011
Shakespeare Nails the Supercommittee: News AnalysisOf the whole sorry saga, from the debt-ceiling deadline to the supercommittee deficit impasse, Shakespeare seemed to say of our national economic life that it is a tale told by an idiot, full of sound and fury, signifying nothing."
November 22, 2011
Moody’s Warns France as Markets Punish Nation's DebtAs yields climbed on French debt Tuesday, investors decided they had made up their minds about the countrys creditworthiness: whether or not Moodys cuts Frances triple-A rating, bond buyers are already demanding higher premiums for their funds.
November 22, 2011
PIMCO’s El-Erian Calls U.S. Economy ‘Terrifying’In the wake of failed deficit supercommittee negotiations, Mohamed El-Erian appears to be upping his rhetoric, telling Bloomberg Television that U.S. economic conditions are terrifying given that the nation is coming out of recession.
November 22, 2011
2011 Advisor Hall of Fame; Experts Assess 2012: December Research—SlideshowThe December issue of Research magazine showcases the 2011 Advisor Hall of Fame. Now in its 21st year, this annual feature is a benchmark of excellence in the industry. Another highlight: the Research Roundtable looks ahead to 2012. This expert panel convenes annually to assess how market developments will play...
November 21, 2011
One Way to Protect Client Portfolios From EuropeEurope remains the biggest threat to U.S. economic growth. One solution: a trend-based managed futures fund.