Economy & Markets
The important economic and stock market news that advisors need to know.
Q2 Earnings Outlook: Financial Firms’ Reporting Season Off to Good Start
By Janet LevauxBut with new rules hitting banks, corporate results could face headwinds in the second quarter of 2011.
July 13, 2011
Schwab Boosts Global-Investing Platform With Broadridge DealPartnership will allow Schwab to offer clients more foreign-equity and currency-markets access.
July 13, 2011
FOX Survey: HNW Families Confident in Economy and Financial MarketsHNW families expressed more confidence in the economy and financial markets even as they pursue more conservative investment strategies, a FOX survey finds.
July 13, 2011
Fed's Bernanke Floats Possibility of QE3Despite comments to the contrary made as recently as June 22, the Federal Reserve is ready to ease monetary policy if the economy weakens further, according to comments made Wednesday by Ben Bernanke.
July 13, 2011
China Set to Stress-Test BrokeragesChina plans stress tests for brokerages to protect its financial markets.
July 13, 2011
Ireland Slashed to Junk; EU Considers Greek DefaultMoody's downgraded Ireland's debt to junk status as the EU pondered options to deal with the crisis in Greece.
July 12, 2011
Economic Growth Forecasts Augur Offshore ExposureA recent slump in U.S. growth rates has started to spook investors again, prompting domestic indices to fall precipitously on Monday.
July 12, 2011
States Move to Tap Into Shale Deposit; Environmentalists BalkStates consider following Pennsylvania's lead in allowing drilling in to huge shale deposits to extract fuel.