Economy & Markets
The important economic and stock market news that advisors need to know.
Japan Market Should Rebound From Quake's Impact, Says Hennessy
By James J. GreenNeil Hennessy thinks the ingenuity of Japanese people will spark a recovery from the disaster, while its companies' price-to-sales ratios will keep its market attractive.
March 14, 2011
Europe Stocks, Insurers Lose on Japan; Euro Rises on Bailout ActionEuropean markets and reinsurers were hit hard in trading in the wake of the earthquake and tsunami in Japan.
March 14, 2011
Portfolio Fix: Using Mining ETFs as a Commodity PlayThe rise in metals prices is now flowing through to earnings for metals producers.
March 14, 2011
Japan Struggles in Quake, Tsunami Aftermath; Nikkei PlummetsAs Japan continued to deal with the massive damage inflicted by a record earthquake and tsunami, the Nikkei plummeted 633.94 points, or 6.2%, to close at 9,620.49, it's biggest one-day drop since October of 2008.
March 14, 2011
Japan Quake, Fed Rates and CPI: Advisor Briefing for the Week of March 14, 2011The top market-moving news for the week: the Japanese earthquake, the Fed meeting, and inflation readings, including PPI and CPI.
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.