Economy & Markets
The important economic and stock market news that advisors need to know.
Don’t Give Up on Small-Cap Stocks: Don Hodges
By Joyce HansonDon Hodges' Hodges Small Cap (HDPSX) mutual fund has seen an especially terrible summer, but he stands behind the fund, saying that investors make their money in a bear market.
August 29, 2011
Hurricane Irene Can’t Close Wall StreetDespite what Hurricane Irene hurled at the business district of New York City, business continued pretty much as usual on Monday morning, with some companies opening their offices and others advising employees to work from home until transportation was fully restored.
August 29, 2011
Deficit Reduction Committee Gets to WorkCongress solution to the debt limit crisis and rising deficits is fully operational, but many are left wondering whether the bipartisan Joint Select Committee on Deficit Reduction is capable of fulfilling its mandate.
August 29, 2011
Early Irene Damage Estimates: Insured Losses of $1.5B-$3BWorst-case scenarios avoided, reports Property-Casualty360.com. U.S. stock markets opened at normal times.
August 26, 2011
The Fed’s Empty Toolbox: AnalysisToo many worrywarts have lost wealth and squandered opportunity by being 'right' about the coming economic crisis too early.
August 26, 2011
The Really Long View From Doug Ober of Adams Express—Weekend InterviewThe chief of the 82-year-old closed-end fund is thoroughly up to date with what's happening in the markets now, to his investors' benefit.
August 26, 2011
Two-Thirds Plan to Slash Charitable Giving: StudyU.S. charities can look forward to a cold winter as nearly 68% Americans say they will cut back on their giving in coming months, according to a study conducted in mid-August by Campbell Rinker on behalf of Dunham+Company.
August 26, 2011
No Sign of QE3 From Bernanke as GDP Drops, Markets RiseMarkets rose Friday after Fed Chairman Ben Bernanke said he was 'optimistic' about the U.S. economy in a speech at Jackson Hold, Wyo., and signaled that the Fed had no plans for a third round of quantitative easing.