Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Beige Book: Economy Ends 2010 Well, but Risks Loom
By Associated PressThe U.S. economy ended last year on an encouraging note, with all parts of the country showing improvements, the Fed's Beige Book survey stated.
January 11, 2011
Ho, Ho, Ho Hum: Despite Rising Yields, Bond Trading Stayed LowInvestors seemed to be more concerned with their holiday plans than their bond portfolios in December.
January 11, 2011
Ken Fisher: U.S. Blue Chips Will Top World MarketsBillionaire investor Kenneth Fisher says the biggest U.S. companies will lead global stocks in 2011, even as returns diminish after a 21-month bull market.
January 11, 2011
Portugal Says It Doesn’t Need Aid, Criticizes EU PartnersPortugal insisted it doesn't need a bailout and criticized its European partners on Tuesday for not doing enough to shield the euro from a debt crisis that has already forced Greece and Ireland to seek outside help.
January 11, 2011
Japan Says It May Buy Euro Zone Debt to Aid IrelandJapan said Tuesday that it might use its euro zone reserves to purchase joint euro bonds issued to support Ireland.
January 10, 2011
Congress and Housing, Earnings and Inflation: Advisor Briefing for the Week of January 10, 2011Market-moving news this week includes reports on prices and inflation, the start of earnings season, and a somber Congress returns for two days.
January 10, 2011
Congress and Housing, Earnings and Inflation: Advisor Briefing for the Week of Jan. 10, 2011Market-moving news this week includes reports on prices and inflation, the start of earnings season, and a somber Congress returns for two days.
January 10, 2011
ECB Buys Portuguese Bonds, Takes Action on Spain, IrelandAfter a Sunday report that said Portugal was under increasing pressure to accept a bailout from the EU and the IMF, traders said that the ECB intervened, buying up 5- and 10-year bonds on the secondary market.