Economy & Markets
The important economic and stock market news that advisors need to know.
5 Best & Worst Broker-Dealers: Q3 Earnings
By Janet LevauxBrokerage firms in the third quarter boosted earnings growth as high as nearly 2,200% and reported declines as low as 120% AdvisorOne selected a lucky 10 to spotlight.
November 15, 2011
Battle of Keynesians: Krugman Debates Summers on America’s Lost DecadeHas America entered an era of persistent economic weakness like the two decades of stagnation Japan has faced since the collapse of its bubble economy in 1991?
November 15, 2011
FHA Reserves Hit Bottom, but Rebound ExpectedActing FHA Commissioner Carol Galante told reporters on Tuesday that while the FHA is facing the most severe economic conditions, the FHAs Mutual Mortgage Insurance (MMI) fund capital balance remains in positive territory and its programs are actuarially sound.
November 15, 2011
Brian Schmucker of RiverNorth on Closed End Funds: Schwab Impact VideoThe CEO of RiverNorth Capital discusses trends in closed end funds and what's behind the rapid growth of the Jeffrey Gundlach-influenced RiverNorth/DoubleLine Strategic Income Fund.
November 15, 2011
Changes in Italy, Greece Fail to Reassure Markets in EuropeTrading in Europe on Tuesday showed that the presence of Prime Minister-designate Mario Monti in Italy, and new leader Lucas Papademos in Greece, has failed to reassure investors; stocks and the euro were both down.
November 15, 2011
Templeton’s Mobius: Europe Not a ConcernFranklin Templeton Investments Mark Mobius says Europe's debt crisis wont push the global economy into a recession because liquidity provided by central banks is fueling underlying demand.
November 15, 2011
Deficit Supercommittee: Are You Ready for More Political Football?Everything you wanted to know about the Congressional supercommittee, and when its recommendations need to be made.
November 14, 2011
EFSF Denies Reports of Own Bond PurchasesAfter a report by Britain's Sunday Telegraph that the European Financial Stability Facility had to resort to buying its own bonds when investors shunned them, the EFSF denied the report.