Economy & Markets
The important economic and stock market news that advisors need to know.
Oil, Gold, Stocks Rise on Libya, Japan
By Marlene Y. SatterAir strikes in Libya drove the prices of oil and gold higher on Monday, while indications that Japan might be progressing in containment of its reactor woes lifted stocks on world markets.
March 21, 2011
Higher Oil Prices Mean Tighter Budgets, Higher Inflation, Hartford SaysWhile economic data continues to signal a recovery that is “gaining strength,” significantly higher oil prices due to the turmoil in the Middle East “threatens to erase much of those gains,” says Hartford Investment Management.
March 21, 2011
Why and How I Use Individual Bonds in Client PortfoliosBond funds add an undesirable filip of risk, while there is a greater degree of predictability with individual issues.
March 21, 2011
GDP, Home Sales, and Securities America: Advisor Briefing for the Week of March 21, 2011In addition to market-moving news from Libya, Japan and Europe, advisor interest will be sparked by Securities America's legal troubles and multiple reports on housing, retail sales and final GDP numbers for Q4 2010.
March 20, 2011
Senate to Vote on Repealing 1099 Reporting ProvisionThe Senate appears poised to support H.R. 4, the House version of legislation repealing the much-criticized 1099 reporting provision through a vote likely to occur this week.
March 18, 2011
China Raises Reserves AgainOn Friday China’s central bank announced another increase in required reserve ratios (RRR) for the nation’s banks of 50 basis points, as a further step against inflation that continues to stress the economy.
March 18, 2011
Yen Falls on G7 Intervention; Japan to Continue Loose StanceAs G7 leaders set in motion a coordinated intervention designed to halt the rise of the yen, Japan continued its own ultra-loose monetary policy, flooding banks with cash to keep interest rates low.
March 18, 2011
Fisher Prepares for Bull Market’s Next Leg With U.S. Growth Stocks: AdvisorOne Interview, Part IIKen Fisher explains the portfolio changes he's made re Japan, and expresses his worries on emerging markets raising rates too fast