Economy & Markets
The important economic and stock market news that advisors need to know.
Vote on Tax Cuts and Jobless Aid; Support for Euro: Advisor Briefing for the Week of Dec. 13, 2010
By James J. GreenThis week's top news centers around taxes, estate planning and jobs, leavened by the final FOMC confab of the year.
December 10, 2010
Senate Majority Leader Reid Introduces Tax Cut, Unemployment Extension BillThe Senate began to debate on Thursday evening the $898 billion bipartisan tax cut bill that was introduced by Senate Majority Leader Harry Reid, D-Nev., earlier in the day.
December 10, 2010
PIMCO’s El-Erian Predicts Rosier Year for U.S. vs. Europe: AnalysisMohamed El-Erian, PIMCO’s highly influential CEO, gave succor to the U.S. stock market rally when he raised his firm’s forecast for U.S. growth next year.
December 09, 2010
How to Get Back Into the Market Without Feeling Like a SuckerScared investors fled the markets in droves since the economic downturn. The faint of heart left in late 2007; others threw in the towel at various points in 2008; the unluckiest gave up in March of 2009, at the market bottom.
December 09, 2010
Outlook 2011: Personal FinanceThe forecast for personal finance in 2011 is partly cloudy for U.S. consumers but sunny for stock investors, said analysts on Wednesday at a Thomson Reuters panel talk.
December 09, 2010
Outlook 2011, Personal Finance: Investors See Sun, Consumers Some CloudsThe forecast for personal finance in 2011 is partly cloudy for U.S. consumers but sunny for stock investors, said analysts on Wednesday at a Thomson Reuters panel talk.
December 09, 2010
Bank of England Holds Rates SteadyThe Monetary Policy Committee of the Bank of England voted Thursday to hold interest rates paid on commercial bank reserves unchanged at 0.5%.
December 09, 2010
Grinch Takes a Holiday as More Company Bonuses, Parties Are GivenCall it a Christmas miracle; more companies are offering their employees bonuses and other holiday perks this year, CareerBuilder.com announced Wednesday.