Economy & Markets
The important economic and stock market news that advisors need to know.
Treasuries Price In $500 Billion, Anticipate QE3
By John SullivanAs central bankers prepare for their annual confab in Jackson Hole, Wyo., later this week, Barclays says traders have already priced in $500 billion to $600 billion of Treasury purchases by the Fed. But analysts interviewed by Bloomberg say its unlikely an announcement will happen, which will result in a...
August 22, 2011
China to Be Hurt by ‘Black Death’ of Europe’s Debt Crisis: CommentaryA 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 22, 2011
Moody's Nixes Greek Collateral Deal With FinlandGreece may have worked out a deal with Finland to collateralize Helsinki's share of its bailout, but Moody's is not happy about the arrangement and says it will have a negative effect on Greece's already low credit rating.
August 22, 2011
Top Portfolio Products: Cantor Fitzgerald to Launch ETF Arbitrage, Van Eck Adds Mortgage REIT ETFThis week in new portfolio products, Cantor Fitzgerald announced that it will launch an ETF arbitrage business under Dan Segal, and Van Eck introduced a mortgage REIT income ETF.
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