Economy & Markets
The important economic and stock market news that advisors need to know.
Obama’s Cynical Move to the Center
By John SullivanThe president is sounding the right notes.
January 18, 2011
AdvisorOne’s 2010 Q4 Earnings Calendar for Financial SectorAdvisorOne presents a calendar marking expected fourth-quarter 2010 earnings dates for firms of greatest interest to financial advisors.
January 17, 2011
Economist David Malpass on China’s Hu Visiting U.S.: AdvisorOne InterviewFor perspective on Wednesday’s summit meeting between China and the U.S., AdvisorOne spoke with David Malpass, principal of economic consulting firm Encima Global and a former chief economist of Bear Stearns who has held senior positions in the Treasury and State departments.
January 17, 2011
Productivity Grew Worldwide in 2010; Future UnclearAccording to data reported Monday by The Conference Board, even though employment lagged in 2010, GDP in most countries recovered well from the financial downturn and productivity grew.
January 17, 2011
SEC on SRO and Fiduciary Standard, Plus Earnings Season: AdvisorOne Briefing for the Week of Jan. 17, 2011Market-moving news for this week centers around earnings and the visit to the U.S. of the Chinese president, but advisors will be focused on the SEC's recommendations to Congress on an SRO and fiduciary.
January 17, 2011
2010 Q4 Earnings: Season Starts With a JPMorgan BangThe Q4 2010 earnings season took off to the races as JPMorgan Chase reported a 47% earnings boost, confirming expectations for a positive shift in the finance sector.
January 17, 2011
Euro Backs Off Lows, but Europe Fund Worries LingerBefore euro zone finance ministers met on Monday to discuss the European Financial Stability Facility, the euro dropped substantially over concerns that no solution would be quickly forthcoming.
January 14, 2011
Retail Sales, Industrial Production Rose in DecemberRetail sales rose for a sixth consecutive month in December, with big gains in sales of autos and furniture. And industrial production showed gains in every month but one in 2010.