Economy & Markets
The important economic and stock market news that advisors need to know.
IMF to Test British Banks for Solvency; Euribor Rises Again
By Marlene Y. SatterThe IMF will begin checking data from the largest banks in Britain this week, in a preliminary move before conducting stress tests across the broader banking sector of five nations within the euro zone. Meanwhile, the Euribor rate saw another rise on Wednesday.
January 18, 2011
Crowded Trades and Alpha Don’t Go TogetherJohn Maynard Keynes was fond of referring to the stock market as a beauty contest.
January 18, 2011
How Advisors Can Play a Rising Yuan: China Education Resources CEOFor more of an insider view of a China whose economy and currency are on the rise, AdvisorOne spoke with Chengfeng Zhou, CEO of Vancouver-based China Education Resources.
January 18, 2011
El-Erian of PIMCO on Why QE2 May Backfire: Exclusive InterviewEl-Erian defines the “new normal,” suggests ways to navigate the "new normal" and provides his outlook for fixed income.
January 18, 2011
AdvisorOne’s 2010 Q4 Earnings Calendar for Financial SectorAdvisorOne presents a calendar marking expected fourth-quarter 2010 earnings dates for firms of greatest interest to financial advisors.
January 17, 2011
Economist David Malpass on China’s Hu Visiting U.S.: AdvisorOne InterviewFor perspective on Wednesday’s summit meeting between China and the U.S., AdvisorOne spoke with David Malpass, principal of economic consulting firm Encima Global and a former chief economist of Bear Stearns who has held senior positions in the Treasury and State departments.
January 17, 2011
Productivity Grew Worldwide in 2010; Future UnclearAccording to data reported Monday by The Conference Board, even though employment lagged in 2010, GDP in most countries recovered well from the financial downturn and productivity grew.