Economy & Markets
The important economic and stock market news that advisors need to know.
Jon Sundt of Altegris on New Fund With Gundlach: Schwab Impact Video
By James J. GreenAltegris' CEO talks about the new managed futures combined with fixed income fund the firm has launched, using managers including Jeffrey Gundlach of DoubleLine Capital.
November 09, 2011
IMF's Lagarde Says World Risks 'Lost Decade'The head of the International Monetary Fund warned Wednesday the global economy faces the risk of a "lost decade" of little or no growth and Asia should be on guard to deal with a downturn.
November 08, 2011
LizAnn Sonders of Schwab on Investing and Taxes: Schwab Impact VideoSchwab's chief investment strategist explains her views on expected economic growth, how advisors can take advantage of market volatility, and why we may all be pleasantly surprised by the Congressional super-committee's upcoming suggestions for cutting the deficit.
November 08, 2011
Nordic Banks Thrive Despite Negative OutlookBanks in Scandinavia, in the wake of the 1990s financial crisis that led to substantial changes, are now among the healthiest in Europe, with access to capital markets that are shut to many other institutions. The reason? The majority of their business is local, accompanied by large capital reserves and...
November 08, 2011
Big U.S. Banks Are ‘Uninvestable,’ Say Industry Insiders at SIFMA MeetingIndustry insiders criticized big U.S. banks as being uninvestable on Tuesday at the Securities Industry and Financial Markets Associations (SIFMA) annual meeting in New York.
November 08, 2011
Citigroup’s Vikram Pandit: Today ‘Fundamentally Different’ from 2008Citigroup CEO Vikram Pandit said leverage brought on the crisis of 2008, while living with the consequences of a period of over-leveraging characterizes the market today, which he says is a fundamental difference between the two.
November 08, 2011
End Banker Bonuses: TalebEliminating bonuses for bankers would bring true reform to the system. writes 'Black Swan' author Nassim Nicholas Taleb.
November 07, 2011
Five Good Questions for LPL's Jeffrey KleintopThe chief investment officer shares his views on the markets, Occupy Wall Street and more.