Economy & Markets
The important economic and stock market news that advisors need to know.
At Pershing Insite: George Bush, Bill Belichick, Richard Hoey Featured Speakers
By James J. GreenAttendance is up at annual conference, to nearly 2,000; focus on economics, politics, investing and regulation.
June 06, 2011
Financial Crisis in Spanish Regions Pressures Central GovernmentA major Spanish region, akin to a U.S. state, has been declared “totally bankrupt” by the incoming administration. Spokesmen for the People’s Party in the Castilla-La Mancha region accused the previous socialist government of destroying unpaid bills totaling 2 billion euros.
June 06, 2011
IMF’s Strauss-Kahn Pleads Not Guilty to Sexual AssaultFormer IMF head Dominique Strauss-Kahn pleaded not guilty Monday in New York State Supreme Court to the attempted rape of a hotel maid.
June 06, 2011
IMF’s Strauss-Kahn Pleads Not Guilty to Sexual AssaultFormer IMF head Dominique Strauss-Kahn pleaded not guilty Monday in New York State Supreme Court to the attempted rape of a hotel maid.
June 06, 2011
Portugal Forms Center-Right GovernmentThe center-right party of Social Democrats began on Monday to form a coalition government in Portugal with its rightist allies.
June 06, 2011
Greece Pushes Further Austerity as People DemonstrateGreece's prime minister has a tough job ahead of him: selling years more of austerity to a population already roiling under financial constraints.
June 06, 2011
10 Top Portfolio Products: New Offerings From T. Rowe, Matthews, Cadaret GrantAmong the week's new investment products: a Global X ag fund; Putnam subadvises bond funds; Matthews China fund.
June 06, 2011
Why the Debt Ceiling Is Important, and Its Impact on the Markets and EconomyShould the debt ceiling be eliminated? A bit of history and a little forecasting.