Economy & Markets
The important economic and stock market news that advisors need to know.
Portfolio Fix: Using Mining ETFs as a Commodity Play
By Vaughan ScullyThe rise in metals prices is now flowing through to earnings for metals producers.
March 11, 2011
Senate to Vote on Repealing 1099 Reporting ProvisionThe Senate appears poised to support the House version of legislation repealing the much-criticized 1099 reporting provision through a vote likely to occur next week.
March 11, 2011
Economic Effect of Japan Quake to Largely Hit Insurance Companies, Regional ExposuresIn the wake of a massive 8.9 magnitude earthquake, the largest felt by Japan since recordkeeping began some 140 years ago, impact on the market is expected to be limited, according to a Japanese market strategist.
March 11, 2011
Weakest Eurozone Countries Plead for Help at Brussels SummitThe eurozone's weakest states pleaded for more help from their richer neighbors at a Brussels summit, where leaders worked to resolve the debt crisis by the end March.
March 11, 2011
Retail Sales Rose 1% in February; Business Inventories Also UpShoppers pushed retail sales up for the eighth straight month in February, and businesses added to their stockpiles in January for a 13th consecutive month.
March 11, 2011
JPMorgan Chase Exorcised by Foreclosure-Fearing ClergyA group of clergy collected at the Park Avenue headquarters of JPMorgan Chase, where they performed an exorcism to push the bank to change its foreclosure policies
March 11, 2011
Chinese Inflation Still Rising, Topping ExpectationsChina’s inflation rate for February rose above expectations on Friday, coming in at 4.9% and clearing the way for further monetary tightening by Beijing.
March 11, 2011
Devastating Japanese Quake Rattles Markets Across GlobeIn the wake of a powerful 8.9 magnitude earthquake and tsunami that hit Japan on Friday just prior to the close of stock trading, stocks fell along with oil prices, and bond futures rose.