Economy & Markets
The important economic and stock market news that advisors need to know.
China to Be Hurt by ‘Black Death’ of Europe’s Debt Crisis: Commentary
By Marlene Y. SatterA commentary appearing in the overseas edition of the People's Daily, the chief newspaper of the Chinese Communist Party, said that the euro zone debt issue was spreading like the Black Death and would harm China itself.
August 19, 2011
Buy and Hold, but Don’t LookThe wise course is to adopt an investment strategy with your eyes wide open, but once adopted to keep them tightly shut.
August 19, 2011
Collateral Demands Threaten Greek BailoutAfter a Greek-Finnish agreement earlier this week under which Athens would provide collateral in exchange for Finland's share of its rescue package, other nations are clamoring for collateral as well. That could unravel the whole deal.
August 19, 2011
Lyin’, Cheatin’ and Stealin’: Themes of NASAA’s Top Investor TrapsState regulators ask advisors with scruples to help identify unscrupulous con men who become more active as market volatility rises.
August 18, 2011
What Advisors Are Telling Panicky Clients About Market Volatility: RoundupThe markets wild ride in the last few weeks has created extra work for advisorswho have spent a lot of time reassuring panicky clients about their investments. Here's a roundup of what advisors and other finance professionals are advising clients to do
August 18, 2011
Gundlach: Banking Crisis Is ‘Just Like 2008’; Stay Away From MarketsThe widely followed manager tells AdvisorOne that there are no opportunities to invest in markets, so investors should stay conservative.
August 18, 2011
Retail Investors Turn to Closed-End FundsHang on and ride it out is sometimes the best (and often only) plan to deal with market volatility. With few options left to investors to combat recent gyrations, one asset class is gaining traction with retail investorsclosed-end funds.
August 18, 2011
Rebalancing Opportunities as Stocks Plummet, Treasuries RiseU.S. Treasuries rose dramatically today, putting them on pace for the best monthly return since the credit crisis.