Economy & Markets
The important economic and stock market news that advisors need to know.
State of the Union: Obama Wants to Cut Corporate Taxes, Loopholes
By Stephen OhlemacherPresident Barack Obama's call to lower corporate tax rates is popular among business leaders and lawmakers from both parties, but he offered no specifics about how to pay for it.
January 25, 2011
Market Reaction to Moscow Airport Bombing MutedThe suicide bomber who killed 35 people and injured about 150 more in an attack on Russia’s busiest airport on Monday had only a low-key effect on the markets and would not likely derail plans by foreign investors.
January 25, 2011
Best of AdvisorOne: Top 5 Dodd-Frank Implementation ArticlesThe most popular stories among AdvisorOne readers in January: SEC studies on an SRO and fiduciary, and the GAO report on planners
January 25, 2011
The President's Terrible Two-StepForgive the petulance, but judging from the prepared text, tonight you’ll find more honesty and intellectual heft in Paula Abdul’s “Dance…
January 25, 2011
British GDP in Q4 Takes Unexpected Drop of 0.5%Finance minister blames unusually bad weather, defends austerity plan.
January 24, 2011
China’s ICBC to Take Over U.S. Retail BankFirst Chinese bank to acquire a U.S. counterpart.
January 24, 2011
Euro Zone Chairman Pushes Debt Buy-BackJean-Claude Junker, chairman of euro zone finance ministers, has said in an interview in German magazine Der Spiegel that European leaders should consider a proposal to buy back the bonds of debt-ridden euro zone countries.
January 24, 2011
Fiduciary Next Steps, Earnings, the Fed and Obama’s Union: Advisor Briefing for the Week of Jan. 24, 2011The State of the Union, Q4 earnings, the FCIC's final report and the FOMC meeting may all move markets this week.