Economy & Markets
The important economic and stock market news that advisors need to know.
Bowles, Simpson Warning: Deficit Committee Must Cut More Than $1.2 Trillion
By Melanie WaddellThe two co-chairmen of the National Commission on Fiscal Responsibility and Reform warned lawmakers on Tuesday that any deal to reduce the federal budget deficit by no more than $1.2 trillion would merely delay the nations fiscal problems.
November 01, 2011
Is There Still a Payoff for the Quality Premium in Stocks? An AnalysisPrima looks at the data to shed light in the high quality vs. low quality stocks investing debate, and comes to a conclusion.
November 01, 2011
Greek turmoil sends US and world markets lowerA wave of selling swept Wall Street and stock markets around the world Tuesday after Greece said it would let the people vote on an unpopular European plan to rescue the Greek economy.
November 01, 2011
Greek turmoil sends US and world markets lowerA wave of selling swept Wall Street and stock markets around the world Tuesday after Greece said it would let the people vote on an unpopular European plan to rescue the Greek economy.
November 01, 2011
Why Stocks May Continue October’s Rise—Searching for Alpha for November 2011After the worst quarter for stocks in three years, why October's big rally may well continue throughout Q4.
November 01, 2011
Greece Verges on Collapse After Call for Bailout ReferendumNot just leaders of the eurozone, but markets were stunned by the news; Greek prime minister did not notify policymakers before the announcement.
October 31, 2011
MF Global Bankruptcy Spooks Investors; First U.S. Casualty of Europe’s Debt CrisisMF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection in what is seen as the first major U.S. casualty of Europe's debt crisis.
October 31, 2011
PIMCO’s Bill Gross: Can More Debt Solve Debt Crisis?The bond king says stimulus policies are stifling growth; on same day, OECD pleads for structural reform.