Economy & Markets
The important economic and stock market news that advisors need to know.
Best of AdvisorOne: Top 5 Dodd-Frank Implementation Articles
By James J. GreenThe most popular stories among AdvisorOne readers in January: SEC studies on an SRO and fiduciary, and the GAO report on planners
January 24, 2011
China’s ICBC to Take Over U.S. Retail BankFirst Chinese bank to acquire a U.S. counterpart.
January 24, 2011
Euro Zone Chairman Pushes Debt Buy-BackJean-Claude Junker, chairman of euro zone finance ministers, has said in an interview in German magazine Der Spiegel that European leaders should consider a proposal to buy back the bonds of debt-ridden euro zone countries.
January 24, 2011
Fiduciary Next Steps, Earnings, the Fed and Obama’s Union: Advisor Briefing for the Week of Jan. 24, 2011The State of the Union, Q4 earnings, the FCIC's final report and the FOMC meeting may all move markets this week.
January 23, 2011
White House Appointments of Immelt, Daley Bring Mixed Reaction From AnalystsOn Sunday’s This Week with Christiane Amanpour on CNN, a discussion of President Obama’s latest appointments as he reshuffled his staff brought favorable and unfavorable comments from guests.
January 23, 2011
Germany Continues to Balk at Increasing Europe Rescue FundGermany’s Foreign Minister Guido Westerwelle said Sunday that comments by Jose Manuel Barroso, president of the European Union’s commission, that the amount of the European rescue fund should be increased were “not helpful.”
January 23, 2011
Greens Split From Irish Government; Parties Demand Finance Bill PassageThe Greens, the junior coalition party in Ireland, withdrew from Prime Minister Brian Cowen’s government on Sunday, continuing the tumult with which the nation ended the week.
January 21, 2011
Emerging Market Confidence Outpaces Older EconomiesLatin American population most confident in economy, Europe least confident.