Economy & Markets
The important economic and stock market news that advisors need to know.
Operation Twist Makes REIT ETFs a Good Bet
By John SullivanAs equity markets struggle to decide whether or not to like Operation Twist, bond markets have clearly pronounced in favor. For clients with a riskierbut not suicidalflair, ETFs are one way to take advantage of what the Fed has to offer.
September 27, 2011
Envestnet Launches Weekly Market Calls for AdvisorsMarket Morning conference calls will provide access to Envestnet, outside experts.
September 26, 2011
Senate Approves Deal on Spending, Averts ShutdownEnding weeks of political brinkmanship, Congress finessed a dispute over disaster aid Monday night and advanced legislation to avoid a partial government shutdown only days away.
September 26, 2011
Senate Nears Spending Bill Vote; Shutdown Still LoomsThe Senate is poised to vote late Monday afternoon on a government spending bill before the governments fiscal year ends on Sept. 30, but with the House on recess, a government shutdown looms.
September 26, 2011
Roubini: Global Financial Crisis Has ‘High Likelihood’ of HappeningEconomist Nouriel Roubini said that worries last week that the world is in for another financial crisis were based on indicators that such a crisis was on its way.
September 26, 2011
PIMCO’s El-Erian: Europe Headed for RecessionMohamed El-Erian, CEO and co-CIO of PIMCO, said that Europe is headed for recession next year and the regions economy will shrink by 1-2%. The U.S., he added, will stagnate.
September 23, 2011
Why Wall Street’s Selloffs Have Been, and Will Continue to Be, Brutal: News AnalysisThe stock market is like a theater where traders, portfolio managers and individual investors act out the sentiments felt in the broader economy.
September 23, 2011
JPMorgan: Recession Unlikely, So Take Advantage of Extreme ValuationsIn a critique of the Fed's Operation Twist announcement, JPMorgan market strategist David Kelly said it was a failure because the markets have reached the point where they must self-correct.