Economy & Markets
The important economic and stock market news that advisors need to know.
Sovereign Funds Indicate Shift in Strategies: State Street
By Danielle AndrusState Street Global Advisors announced Tuesday that many of the world's leading sovereign funds have been forced to reassess their investment strategies and risk management as a result of the recession.
February 01, 2011
Irish Premier to Dissolve Parliament; Opposition Presses Bailout RenegotiationBrian Cowen, prime minister of Ireland, will dissolve Parliament on Tuesday and name the date for an election.
February 01, 2011
S&P Cuts Egypt’s Rating, Following Other AgenciesStandard & Poor’s cut Egypt’s rating on Tuesday by one notch, following similar actions by Moody’s and Fitch Ratings.
January 31, 2011
Betting on Super Bowl? Better Know Cities' Unemployment RatesYou've got everything ready for the Super Bowl except those friendly bets you make on your team. If you’d like to avoid losing big money in your wagers, you might want to consider the unemployment rate in your favorite team’s home city.
January 31, 2011
Consumer Spending, Income Rose in DecemberWASHINGTON (AP) — Americans spent at the fastest pace in three years in 2010, boosted by a strong finish in December. Consumer spending rose 0.7%…
January 31, 2011
Markets, ETFs Move Up as Oil Stocks, Prices RiseDue to both the political unrest in Egypt and strong corporate earnings, oil-related funds and stocks strengthened on Monday.
January 31, 2011
Q4 Growth Drives 2010 Equity Returns: IbbotsonTarget maturity funds enjoyed their "second great year in a row," according to the Ibbotson Target Maturity Report for the fourth quarter of 2010.
January 31, 2011
Egypt and Conferences, Jobs and the Senate: Advisor Briefing for the Week of Jan. 31, 2011At home this week, many advisors and their partners will be in Phoenix and San Diego for the FSI and TD Ameritrade conferences, while the markets are likely to be moved by the continuing troubles in Egypt and reports on retail and auto sales and the unemployment numbers at the...