Economy & Markets
The important economic and stock market news that advisors need to know.
Peter Schiff Slams Bernanke as Fed Chief Warns on Debt Ceiling at Senate
By John SullivanPeter Schiff slammed Federal Reserve Chairman Ben Bernanke who told the Senate Banking Committee on Thursday that not raising the debt ceiling would cause the deficit to rise.
July 14, 2011
Q2 Earnings Outlook: Financial Firms’ Reporting Season Off to Good StartBut with new rules hitting banks, corporate results could face headwinds in the second quarter of 2011.
July 13, 2011
Bankmageddon: All Eyes on Europe as Bank Stress Tests LoomSigns that banks are less willing to lend to one another raise specter of Euro-Lehman crisis.
July 13, 2011
Treasury’s Mary Miller Says Debt Ceiling Will Be Raised Before Aug. 2Democrats and Republicans will raise the debt ceiling before the Aug. 2 deadline, said U.S. Assistant Secretary Mary Miller at a SIFMA regulatory reform summit in New York.
July 13, 2011
Schwab Boosts Global-Investing Platform With Broadridge DealPartnership will allow Schwab to offer clients more foreign-equity and currency-markets access.
July 13, 2011
FOX Survey: HNW Families Confident in Economy and Financial MarketsHNW families expressed more confidence in the economy and financial markets even as they pursue more conservative investment strategies, a FOX survey finds.
July 13, 2011
Fed's Bernanke Floats Possibility of QE3Despite comments to the contrary made as recently as June 22, the Federal Reserve is ready to ease monetary policy if the economy weakens further, according to comments made Wednesday by Ben Bernanke.
July 13, 2011
China Set to Stress-Test BrokeragesChina plans stress tests for brokerages to protect its financial markets.