Economy & Markets
The important economic and stock market news that advisors need to know.
S&P 500 Q3 Earnings Outlook: Optimism in ‘Unprecedented High-Risk Environment’
By Joyce HansonEquity analysts for Standard & Poors see a vast gap between their expectations for record double-digit Q3 earnings versus investors loss of faith in analysts' optimistic earnings forecasts.
October 05, 2011
Wesbury Slams Roubini on ‘Double Dip’ FearsThe countrys dour mood doesnt jibe with the numbers, according to First Trust Chief Economist Brian Wesbury, and he specifically points to Nouriel Roubinis recent analysis as an example of what not to believe.
October 05, 2011
Operation Twist: Is the Fed Offering Solutions or Empty Gestures?Out of options, the Fed is desperately looking for a way out of the current economic slowdown.
October 04, 2011
CBO Challenges Republicans on Tax IncreasesNew analysis by the CBO casts doubt on whether Congress bold deficit reduction agenda can succeed without Rebublican concessions.
October 04, 2011
Wall Street’s Top 10 Corporate Good GuysThe U.S. finance industry has taken a beating for its role in the economic crisis, but according to Corporate Responsibility magazine, there are still 10 good guys in the sector.
October 04, 2011
Administration Proposal Eliminates Tax Free Status of Muni Bonds for the AffluentHow will the elimination of the muni bond interest exemption affect your clients?
October 04, 2011
Bear Market Hugs S&P 500, Making Investors Run for CoverWith the S&P 500 officially entering a bear market early Tuesday, investors are scrambling for guidance as the fourth quarter begins.
October 04, 2011
Stiglitz: ‘Spend, Spend, Spend’ to Save EconomyUnderstanding how the global economy got into its present state, said economist Joseph Stiglitz, is key to coming up with a solution. That solution, he declared, is to spend, spend, spend, and he added that government must take the lead, since corporations wont and private citizens cant.