Economy & Markets
The important economic and stock market news that advisors need to know.
North Stars
By Savita Iyer-AhrestaniConventional market wisdom has always dictated that investors who stick their necks out at a time of great crisis reap great rewards further down the line.
August 24, 2011
FINRA Warns Investors to Beware of Gold Stock ScamsIn an interview with AdvisorOne on Tuesday, S&P gold equity analyst Leo Larkin said the run-up in gold prices may be overplayed in a heated market. At the same time, FINRA warned against scams.
August 24, 2011
Top 10 Best & Worst Sports Business DealsAdvisorOne looks at how the business of sports has gobbled up the landscape from Citi Field to Lambeau Field and Tiger Woods to Li Na.
August 24, 2011
Advisory M&A Activity Drops in Q2, Even as Deals Get BiggerWhile M&A activity in the advisory industry fell slightly in Q2, the deals were larger and total assets exchanged increased to $8.5 billion from $6 billion in the first quarter, according to Pershing Advisor Solutions Real Deals Quarterly Update, produced in partnership with FA Insight.
August 24, 2011
Moody’s Downgrades Japan One NotchRating agency cites political situation as reason; Japan now at same level as China.
August 24, 2011
Real SEC Reform or Half Measure?Does the SEC Modernization Act have a real shot at bringing 'comprehensive reform' to the SEC?
August 23, 2011
SPDR Gold Overtakes S&P 500 SPY as Top ETFAs equity prices fall and gold prices rise, the market capitalizations of the two largest ETFs have switched places, with State Street's SPDR Gold Shares (GLD) overtaking the SPDR S&P 500 (SPY) as the largest ETF in the world.
August 23, 2011
Men Not at Work: Brookings Adds to ‘Mancession’ WorriesA Washington think tank looking at long-term employment trends adds discouraging data about reduced earning power for men in America.