Economy & Markets
The important economic and stock market news that advisors need to know.
Strong Yen Puts Foreign Companies in Easy Reach of Japanese Investors
By Gil WeinreichWhile most economic commentators portray the strong yen as a fundamental problem for Japan, portfolio manager Drew Edwards of Advisory Research Funds says the Japanese have proven themselves adept at adjusting to a stronger currency.
November 11, 2011
Top 10 Terrible Predictions About EconomyOn 11/11/11, while the world still exists despite some predictions otherwise, a review by AdvisorOne of 10 terrible predictions about the markets and the economy.
November 10, 2011
Europe’s Creditanstalt Moment—Is It Really 1931 Again?: News AnalysisHistorians might one day wonder why it was that at exactly the time the European model was crumbling, the U.S. chose to weaken itself with similar policies.
November 10, 2011
Bailout Fund Too Small for Italy, Greece: FCIC’s Phil AngelidesPhil Angelides, chairman of the Financial Crisis Inquiry Commission, says he believes the current European plan to recapitalize banks is too small.
November 10, 2011
Europe in Disarray as Contagion SpreadsAs both Italy and Greece fumbled with successor governments, worries over officials failure to find a solution to the debt crisis spread contagion to Italy, where bond yields broke records.
November 10, 2011
New Hire Roundup: Fidelity Names Presidents, SIFMA Gains President and Board MembersThis week in new hires, Fidelity Asset Management announced two new presidents in its fixed income division and SIFMA announced its new president and board members.
November 09, 2011
Voters Send Mixed Messages on Financial MattersVoters across the nation on Tuesday passed judgment on a variety of financial measures from labor laws to alcohol sales to sales taxes. The results offered no clear-cut consensus.
November 09, 2011
More Fannie and Freddie Trouble as Loan Delinquencies Show Surprising RiseLoan delinquencies are on the rise again for the first time since the end of 2009, an ominous sign for a housing market that has yet to gain its footing in a battered economy.