Economy & Markets
The important economic and stock market news that advisors need to know.
On Debt Ceiling Crisis, Focus on Opportunities
By Ben WarwickThe best posture for advisors and clients? Remain disciplined in your approach and continue to set your sights on longer-term opportunities, goals and objectives.
July 28, 2011
Top 10 Biggest Tax Breaks: What to Cut to Trim Deficit?We need to slash the deficit, right? So which of these 10 treasured, and costly, tax deductions would you cut to save the country from fiscal ruin?
July 28, 2011
Emerging Market Nations Warn IMF on Greek RescueEmerging market nations of the International Monetary Fund warned that body on Thursday not to contribute too much money to Greece's second bailout.
July 28, 2011
Rob Arnott on RAFI’s Growth, and How to Address U.S. DebtFundamental indexing has been embraced worldwide, Arnott says, but the government and the U.S. people need to embrace some tough choices on spending.
July 27, 2011
LIMRA: Income Affects Confirmation PreferencesConsumers with higher household incomes seem to like e-mail transaction confirmations more than lower-income consumers do.
July 27, 2011
LIMRA: Income Affects Confirmation PreferencesConsumers with higher household incomes seem to like e-mail transaction confirmations more than lower-income consumers do.
July 27, 2011
Markets Spooked by Two Dreary Signals: Debt, DurablesIt is the forward-looking nature of two key indicators that appears to be weighing on stocks. Declines in durable goods orders mean less manufacturing down the road, and a failure to get a debt deal means the two parties are so at odds they are willing to hold creditors hostage.
July 27, 2011
Debt Ceiling Deal Has ‘Huge’ Momentum, Says Corker, a Top GOP SenatorSen. Bob Corker, R-Tenn., said Wednesday there is ‘huge momentum building on both sides of the aisle’ to pass a legislative package that not only raises the debt limit, but includes deficit reduction measures to avoid a ratings downgrade for the United States.