Economy & Markets
The important economic and stock market news that advisors need to know.
2011 SMA Fixed Income Manager of the Year: Sage Advisory Services
By John SullivanSage’s Intermediate Fixed Income Portfolio: Internal and external research, but then efficient trading.
April 11, 2011
QE2 to End on Schedule; Stimulus Need Mostly Gone: Janney’s LuschiniThe economic stimulus strategy known as QE2, according to Mark Luschini, economic strategist at Janney Montgomery Scott, has largely done its work, and should come to an end on schedule on June 30 with small likelihood of a follow-on QE3 to take its place.
April 10, 2011
Federal Budget, Inflation and Earnings Season: Advisor Briefing for the Week of April 11, 2011Market movers for this week: 2011 and 2012 federal budgets, corporate earnings kickoff, inflation markers for U.S., Europe and China.
April 09, 2011
Deal Is Reached to Avoid Government ShutdownPerilously close to a government shutdown, President Barack Obama and congressional leaders reached agreement late Friday night to cut about $38 billion in federal spending and avert the first federal closure in 15 years.
April 09, 2011
Portfolio Fix: Rising Metals Prices Bring New Shine to Mining ETFsGold and copper producers are likely to post strong earnings-per-share gains thanks to higher metals prices.
April 08, 2011
Government Shutdown Stretches U.S. CredibilityBalancing a budget – a task that is done by every responsible family in the country – is no doubt more complex at the federal level.
April 08, 2011
Fed’s Lockhart: Current Monetary Policy Appropriate; Manufacturing ExpandingDennis Lockhart, president and CEO of the Federal Reserve Bank of Atlanta, on Friday talked about current monetary policy and the effects of inflation on the economy in a speech before the Knoxville Economics Club in Knoxville, Tenn.
April 08, 2011
PIMCO’s El-Erian: Portugal Actions Represent ‘New Phase’ in European Debt CrisisPortugal’s decision to follow Greece and Ireland in seeking a European Union-led bailout may mark a watershed in the region’s debt crisis, according to PIMCO chief Mohamed El-Erian.