Economy & Markets
The important economic and stock market news that advisors need to know.
End of QE2? Not a Problem, Say ING Investment Management CIOs
By Joyce HansonThe end of QE2 does not mean the end of the party for credit and the expansion will stay on track, say ING Investment Management fixed-income CIOs.
May 17, 2011
Andrew Friedman Says Deficit Will Push U.S. Into Grim Economic FutureAddressing an elite audience of financial advisors at the IMCA conference on the day the U.S. government hit its debt ceiling, Friedman, an expert on government affairs, told a grim tale of rapidly deteriorating public finances amid political gridlock in Washington.
May 16, 2011
MSRB Adds Transparency for Variable Rate MunisMuch more detailed data on auction rate securities and other variable rate issues is now available on MSRB’s EMMA website
May 16, 2011
Yale’s Robert Shiller Says Confidence Crisis Hampers Economy: IMCA ConferenceTrying to explain the worst economic crisis since the Great Depression, Shiller — best known as co-creator of the Case-Shiller Home Price Index — told an audience of some 2,000 financial advisors meeting in Las Vegas that a lack of confidence lies at the root of current economic weakness.
May 16, 2011
U.S. Debt Limit Deadline Extended by Treasury ManeuversArrival of so-called ‘Debt Ceiling Day’ finds politicians far from a deal.
May 16, 2011
IMF Chief Strauss-Kahn’s Arrest for Sexual Assault Roils FranceThe arrest over the weekend for sexual assault in New York of Dominique Strauss-Kahn, head of the International Monetary Fund, is having repercussions far beyond those to his alleged victim, a hotel maid at the Times Square Sofitel.
May 16, 2011
Debt Ceiling, Retail Sales and Housing : Advisor Briefing for the Week of May 16, 2011The likely market movers this week: debt ceiling is reached; big retailers quarterly resultss; housing and leading economic indicators.
May 13, 2011
Earnings: Nationwide, FBL, IHC, American Independence, Hooper Holmes, EbixSeveral more companies in the life insurance industry and related industries released earnings this week.