Economy & Markets
The important economic and stock market news that advisors need to know.
Trends in Recruiting—Mark Elzweig Looks at Current Deals BDs Are Offering FAs: Video
By Gil WeinreichIn this 4-minute video, veteran Wall Street recruiter Mark Elzweig discusses with AdvisorOne's Gil Weinreich how to differentiate competing firms and the benefits of establishing a relationship with a recruiter.
May 04, 2011
Barclays Wealth Says Equities, Developed Markets Still Good BetSaying that the global economy continues to move in the right direction in spite of some U.S. gloom, Barclays Wealth issued recommendations on Wednesday that included buying equities, particularly in developed markets, and looking for Chinese stocks.
May 04, 2011
Portugal Bailout Terms Likely to Cause RecessionA three-year agreement was reached for a bailout for Portugal, Prime Minister Jose Socrates announced late Tuesday, but the terms are harsh.
May 04, 2011
Silver Hits Snag, Drags Gold DownLosing 14% in the past four days, silver felt the pain of a correction that brought gold along for the ride.
May 04, 2011
India: how a giant market emergedResearch Senior Editor Ken Silber discussed the history and prospects of India’s stock market, on the Gabe Wisdom Show, Business Talk Radio, on 4/26/11.
May 03, 2011
Treasury’s Geithner Gives Congress More Time on Debt LimitIn a letter to congressional leaders, Geithner said Monday that he can delay a default on the debt until Aug. 2, by using a series of bookkeeping maneuvers to keep the government running.
May 03, 2011
George W. Bush, Gordon Brown to Speak at Pershing Insite 2011Former President George W. Bush and former U.K. Prime Minister Gordon Brown will speak at the Pershing Insite 2011 conference in Florida June 8 to 10.
May 03, 2011
Power an Issue for Japan: Moody’sDisruptions in its power supply and the potential for government assistance for Japan’s Fukushima power plant operator, coupled with uncertainty surrounding the cost, could translate to additional problems for the fiscal health of the country, said Moody’s Investors Service on Tuesday.