Economy & Markets
The important economic and stock market news that advisors need to know.
Chinese Lending Gains Momentum
By Marlene Y. SatterEfforts by China failed to slow down loans given by banks in the second quarter.
July 11, 2011
Debt Talks Collapse on TaxesLed by House Speaker John Boehner, Republicans say they won't allow for any tax increases to offset spending in the $4 trillion "grand bargain" proposed by President Obama.
July 11, 2011
EU Calls Emergency Meeting Over Italy DebtConcerns mount over third largest economy in euro zone's sovereign debt while Greece still totters.
July 08, 2011
Falling Employment Can’t Faze MarketsThe private sector only created 18,000 jobs last month, short of even the most pessimistic forecast.
July 08, 2011
South Korean Olympics Offer Opportunity for InvestorsIn the wake of Wednesday’s news that Pyeongchang, South Korea has been awarded the 2018 Winter Olympics, IndexIQ on Thursday presented reasons for investors to watch for potential growth in the South Korean economy.
July 08, 2011
Greece Exit From Euro Zone PossiblePolicymakers working on the Greek debt crisis have begun to discuss the ramifications of a departure of Greece from the euro zone, a move once considered unthinkable.
July 08, 2011
Higher Gold Prices? Disappointing U.S. Jobs Report Pushes Metal UpA disappointing U.S. jobs report released Friday morning raised the specter of gold rising again to record highs.
July 07, 2011
Medicare premiums go up for the richWhile politicians and media outlets debate what to do about Medicare, one change has already come to the federal program: High-income seniors are paying more for Medicare Part B, which covers doctors' visits and outpatient care.