Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar Adds Individual Bond Data to Advisor Platforms
By James J. GreenCompany says it is responding to advisor demand for price and performance data on individual bonds and to get a more holistic view of client portfolios.
February 11, 2011
Portfolio Fix: Adding Global Bond Funds for DiversificationThree global-bond funds stood out from the rest as being worthy of further consideration.
February 11, 2011
Egypt Turmoil Not a Factor in Rising Oil Prices, Says Peter SchiffDespite a heavy allocation to energy, Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital, isn’t worried about the tense situation in Egypt.
February 11, 2011
ETF Sector Focus: Broker-Dealer, Financial Services ETFsU.S.-themed ETFs are tracking the markets, but global-financial ETF returns are mixed
February 11, 2011
Moody’s Hammers Irish Bank DebtMoody’s Investors Service on Friday downgraded the unsecured, unguaranteed senior debt of six Irish banks in the wake of news that the outgoing Irish government would not fund banks before it left.
February 11, 2011
Merkel, Weber, Schaeuble to Meet for ECB Chief JobAngela Merkel, chancellor of Germany, was due to meet on Friday with Axel Weber, head of the Bundesbank, and Wolfgang Schaueble, Germany’s finance minister, to discuss Weber’s withdrawal from the race for the top slot at the European Central Bank.
February 11, 2011
China Raises Reserve Ratios for Smaller Banks as Bond Yields RiseChina raised the reserve requirement ratios for its small- and medium-sized banks in yet another effort to quell inflation, even as poor demand for bonds signaled investors’ fears that Beijing would order further interest rate hikes.
February 11, 2011
2010 Q4 Earnings Analysis: Lots of Upside for Broker-Dealers, BanksAs many financial firms recover from the economic crisis, they are well positioned for a strong 2011, analysts say.