Economy & Markets
The important economic and stock market news that advisors need to know.
UBS Report: ‘The Decade Ahead’
By Kate McBrideThis thought-provoking report provides a global view of coming investment opportunities and challenges.
February 15, 2011
FBR Initiates Coverage on Fifth Street Finance (FSC)The firm initiated coverage with an “outperform” rating and a $14.50 price target.
February 15, 2011
Interest Rates, Bank Reserves Set to Rise Further, as China Experiments With Deposit RatesAccording to a report from China’s think-tank State Information Center, under the National Development and Reform Commission, Beijing may increase banks’ required deposit reserve ratios from the present level of 19.5% to 23%
February 14, 2011
PIMCO Launches Broker-Dealer, So Advisors Can Buy DirectAdvisors can now buy PIMCO funds and ETFs through a new B-D, rather than going through Allianz. Led by CEO Mohamed El Erian, PIMCO is the 5th-largest U.S. fund family.
February 14, 2011
S&P/Harel Rolling Out Sector Indices for Israeli EquitiesHarel plans to issue two investment products that track the S&P/Harel TA Energy Index and the S&P/ Harel TA Telecommunication Index on Feb. 23.
February 14, 2011
S&P/Harel Rolling Out Sector Indices for Israeli EquitiesHarel plans to issue two investment products, the S&P/ Harel TA Energy Index and the S&P/ Harel TA Telecommunication Index on Feb. 23.
February 14, 2011
Budget Cuts and Bernanke Speaks: Advisor Briefing for the Week of Feb. 14, 2011Hearings scheduled on the budget and Dodd-Frank implementation, and inflation reports on the PPI and CPI, highlight the likely market-moving news of the week.
February 14, 2011
Muni Bonds Fall for 13th Straight WeekMuni bond outflows reached $1.2 billion in the week ending Feb. 9, compared with $1.1 billion in the prior period. Net outflows since mid-November are at $21.67 billion.