Economy & Markets
The important economic and stock market news that advisors need to know.
Larry Summers: Three Ways to Combat Rising Inequality
By John SullivanLawrence Summers, past president at Harvard University, Treasury secretary in the Clinton administration and economic advisor to President Barack Obama, took to the pages of The Washington Post on Monday to decry the growing gap between rich and poor. He then offered three suggestions that he claimed would help distribute...
November 21, 2011
Economic Think Tank Polls Experts on Key Policy QuestionsThanks to a just launched website produced by the University of Chicago Booth School of Business, you can follow your favorite economist, or get a sense of what the consensus of leading economists think about a variety of current public policy questions.
November 21, 2011
Financial Crisis Takes Toll on Social Justice Giving: Foundation CenterThe global financial crisis has disproportionately affected grant makers who work on issues ranging from human rights to environmental justice, and their recovery remains in jeopardy, according to a new report released last week by Foundation Center.
November 21, 2011
Deficit Supercommittee Fails to Make DealWhile not officially declaring defeat, the deficit supercommittee remains in a partisan deadlock and had failed by Monday to reach a deal.
November 21, 2011
EU to Greece: Put It In WritingThe European Commission ordered Monday that Greeces new leaders must put in writing their pledge to honor new austerity measures before Athens is given its sixth installment of aid.
November 21, 2011
Best 5 Investment Picks for 2012Top investment strategists who presented their 2012 outlooks in New York recently said corporate earnings were at an all-time high, and the smart money was positioning investments for growth next year.
November 21, 2011
Buffett: Eurozone Faces 'Major Flaw'Warren Buffett, head of Berkshire Hathaway, said Monday on his first trip to Japan that the debt crisis in Europe had revealed a 'major flaw' in the eurozone, and that words alone would be inadequate to repair it.
November 18, 2011
BlackRock’s Fink, PIMCO’s Gross Sound Off on Economy, Occupy ProtestsLarry Fink of BlackRock and Bill Gross of PIMCO sat down on Thursday with Bloomberg Television's Erik Schatzker for a conversation at an alumni event hosted by UCLA Anderson School of Management. Both men are alums of the school, having graduated five years apart.