Economy & Markets
The important economic and stock market news that advisors need to know.
Wall St. on 9/11 and Future Crises; Innovative Philanthropy; Retirement’s Real Costs: September Research—Slideshow
By Kenneth SilberIn Septembers Research cover story ('Wall Street at War'), Senior Editor Ken Silber looks back at 9/11 and ahead to future crises, Annuity Analytics columnist Moshe Milevsky analyzes what retirement really costs, Contributing Editor Ellen Uzelac examines the cutting edge of philanthropy, and more.
September 15, 2011
Britain Sues Europe’s BankBritain is taking the European Central Bank to court on Thursday at the European Court of Justice in Luxembourg, the first time a government has taken such an action.
September 14, 2011
Rep. Barney Frank: President Should Appoint Fed LeadersThe top Democrat on the House Financial Services Committee is pushing to limit the voting rights of regional Fed presidents on central bank interest rate decisions.
September 14, 2011
Senate Finance's Baucus: Let Tax Cuts for Wealthy ExpireAt a hearing held by the Senate Finance Committee on Wednesday to discuss the committees ongoing efforts to reform the tax code, Sen. Max Baucus, D-Mont., chairman of the committee, said the lower tax rates for the nations wealthiest workers must expire, rather than making major cuts to Social Security...
September 14, 2011
Stagnation Nation: Census AnalysisThe gap in what people earn today compared to what they once earned goes far to explain the current pervasive sense of economic malaise, U.S. Census data show.
September 14, 2011
Schwab Survey: Advisors Less Bullish on Economy, MarketsA summer survey of Schwab-affiliated RIAs found expectations of double dip increased following debt ceiling drama.
September 14, 2011
August Market Volatility: ‘Ordinary,’ Says VanguardThe S&P tends to move less than 1% per day, though it moved 2.5% per day for most of last month.
September 14, 2011
Meredith Whitney Bullish on AgricultureHer prediction of a massacre in the muni space has yet to come to fruition, but that hasnt stopped Meredith Whitney from making predictions, albeit somewhat less bold.