Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Plummet on Downgrade, as Obama Defends AAA; Market Gurus El-Erian, Rogers Weigh In
By Editorial StaffWhile global markets plummeted Monday after Fridays downgrade of U.S. debt, Obama said U.S. credit was among the best in the world; several market experts also gave their opinions.
August 08, 2011
China Berates U.S. Over DowngradeIn a scathing Saturday editorial excoriating the U.S. for being addicted to debt and living beyond its means, China’s state-run news agency highlighted a different but related issue: China’s U.S. debt holdings that amount to some $1.16 trillion.
August 08, 2011
How I’m Positioning Client Portfolios NowIn these turbulent markets, positioning client portfolios correctly. So far, so good.
August 08, 2011
Prepping for Market Selloff: 5 Indicators to WatchFollowing orderly declines on Sunday night, what to watch for in the markets today.
August 08, 2011
3 Funds to Consider in Light of Slowdown, Downgrade: Portfolio FixFor your consideration: three fixed-income funds that boast above-average historical performance, high current yield and currency diversification.
August 05, 2011
Volatility Index Calm After 35% IncreaseThe Dow’s positive finish on Friday signaled a much more tempered day for the Chicago Board Options Exchange (CBOE) Volatility Index. The Index increased 35% on Thursday, as investors raced for defensive positions that utilize options in order to combat the 500 point selloff in the broad market.
August 05, 2011
Solving the Economic StalemateI spent a bit more time yesterday talking to clients than usual--a situation common to many advisors in this crazy environment.
August 05, 2011
Where to Safely Invest? ETFs to Help Weather Rough MarketsGold, utilities, dividend-paying sectors, health care and other plays are worth considering, notes a Morningstar analyst.