Economy & Markets
The important economic and stock market news that advisors need to know.
Emerging Markets See Victory in FIFA’s Russia, Qatar World Cup Play
By Joyce HansonWith FIFA announcing the locations of the World Cup in 2018 and 2022, investors who have been thinking about putting their money on Russia and Qatar may want to place their bets now.
December 06, 2010
Bush Tax Cuts: Obama Sees Compromise Tied to Jobless BenefitsObama’s Deputy Press Secretary Bill Burton: The President “is confident that in the next couple of days or so we will find a way to extend tax cuts for middle-class families."
December 06, 2010
Spanish Austerity Measures Lead to State of EmergencyThe wildcat air traffic controller strike in the wake of Friday’s approval of strong austerity measures in Spain led to a declaration of a state of emergency.
December 05, 2010
Will Bush Tax Cuts Be Extended, and Bernanke Speaks: Advisor Briefing for the Week of Dec. 6, 2010This week will bring more meetings and possibly action in Europe on the debt and bailout front, while the domestic economic reports that may move the markets include reads on manufacturing, mortgages, trade and consumer sentiment.
December 05, 2010
IMF to Call on EU for Increase in Bailout Fund, Bond PurchasesThe International Monetary Fund will urge governments in the European Union to increase the size of their rescue fund, and will also call for additional purchases of bonds by the European Central Bank.
December 05, 2010
Taxes, Deficit Dominate Discussions by GOP, DemocratsThe economy was prominent on the Sunday talk shows; once again Republicans and Democrats duked it out over their differing views of what’s needed and what will happen in the coming year.
December 05, 2010
Spain Tightens Belt as Air Traffic Controller Strikes Tie-up TravelSpain approved new austerity measures on Friday, and the nation’s air traffic controllers staged a huge sickout in protest; part of the austerity plan calls for partially privatizing important airports.
December 03, 2010
The S&P 500 Will Rise 17% in 2011, Cambiar’s Barish PredictsEnergy and agriculture will fuel a “multi-speed recovery,” causing a 17% increase in the S&P 500 in 2011, according to Cambiar Investors’…