Economy & Markets
The important economic and stock market news that advisors need to know.
Is Oil Ready for a Correction? The Evidence, and Mutual Funds That Will Benefit
By Joyce HansonOil-price volatility explained, outlooks for prices expressed, and investment options presented for a falling-oil-price market.
April 21, 2011
Obama Administration Lobbied S&P to Prevent Outlook DowngradeStatements by senior administration officials belie eleventh hour maneuvering.
April 21, 2011
2011 Earnings: Raymond James’ Private-Client Results Rise 19%The number of financial advisors dropped slightly to 4,472 in the U.S. and 5,066 worldwide.
April 21, 2011
Brent Crude Oil on Rise, Tops $124 per BarrelThe price for Brent crude oil topped $124 per barrel on Thursday, with the potential for even higher prices thanks to steady U.S. demand.
April 21, 2011
Gold Still Rising as Global Stocks SoarEven as worries about the U.S.economy, European debt, the rising price of oil and unrest in the Middle East/North Africa region drove the price of gold higher, world stocks reached their highest levels in 33 months.
April 20, 2011
Obama Talks to Students Then Holds Facebook Town HallAs President Barack Obama readies to hold a town hall meeting on the economy at Facebook’s headquarters on Wednesday, the President told students during a town hall meeting at Northern Virginia Community College on Tuesday that his plan to cut the nation’s $1.4 trillion deficit would not include “cutting education...
April 20, 2011
Oil Prices Rise, Pulling Gas Prices Up With ItOil climbed above $111 per barrel Wednesday as the dollar weakened and the government reported an unexpected drop in U.S. crude supplies. Gas pump prices also edged higher to $3.84 for a gallon of regular.
April 20, 2011
New Finland Government Threatens Portugal BailoutIt appears that the surprisingly large gain of seats in the Finnish parliament by an anti-euro party will delay and possibly derail approval of Portugal's bailout package.