Economy & Markets
The important economic and stock market news that advisors need to know.
Are Money Market Funds in Danger?
By Gil WeinreichAt issue is whether the hefty exposure of money market funds to European debt securities, especially as Greece's economy wobbles under the weight of its problems, make those funds vulnerable to breaking the buck, which in turn could lead to a run on the funds.
June 27, 2011
PIMCO Expert on Inflation: ‘Goldilocks Days’ Are OverPortfolio manager shares ways to invest in a world with rising commodities and other prices.
June 27, 2011
Russia Is the Next Greece: World Bank EconomistBig infrastructure projects, including hosting the 2014 Winter Olympics in Sochi and 2018 World Cup, will create an additional burden for the budget, according to World Bank economist Sergei Ulatov.
June 27, 2011
PIMCO’s El-Erian: Europe at Risk Over Greek DebtMohamed El-Erian, head of PIMCO, says that a restructuring of Greek debt is inevitable and that failure to address the country's problems correctly could contaminate the rest of Europe.
June 27, 2011
Wall Street Optimism: S&P 500 Sales Forecast Doubles Amid Stagnant MarginsDespite a slew of negative economic reports in recent weeks, analysts are increasing sales forecasts for Standard & Poor’s 500 Index companies. Bloomberg reports the increase could be most in three years.
June 27, 2011
Soros: EU Unprepared for a Country’s ‘Inevitable’ DepartureAccording to billionaire financier George Soros, it is "probably inevitable" that a country will end up leaving the euro zone. When that happens, he said Sunday, policymakers had best have a Plan B in the works to avoid economic collapse in the European Union.
June 27, 2011
Succession Planning: BD vs. RIA; What Really Moves Markets: July Investment Advisor—SlideshowJuly brings our succession planning issue.
June 24, 2011
EBRI Researcher Analyzes Annuity Price Change EffectsA change in deferred annuity prices will have a similar effect on the likelihood that a high-income or low-income male worker will achieve an adequate retirement income, according to Youngkyun Park.