Economy & Markets
The important economic and stock market news that advisors need to know.
SEC on SRO and Fiduciary Standard, Plus Earnings Season: AdvisorOne Briefing for the Week of Jan. 17, 2011
By James J. GreenMarket-moving news for this week centers around earnings and the visit to the U.S. of the Chinese president, but advisors will be focused on the SEC's recommendations to Congress on an SRO and fiduciary.
January 14, 2011
Retail Sales, Industrial Production Rose in DecemberRetail sales rose for a sixth consecutive month in December, with big gains in sales of autos and furniture. And industrial production showed gains in every month but one in 2010.
January 14, 2011
CPI Jumped 0.5% in December, but Core Prices Are TameConsumer prices rose last month as the cost of gas increased by the largest amount since June 2009. But outside of energy costs, there was little sign of widespread inflation.
January 14, 2011
Big Dividends and Momentum: BDCs Offer BothBusiness development companies (BDCs) represent a unique sector of the market.
January 14, 2011
2010 Q4 Earnings: JPMorgan Profits Surge 47%, Beating ForecastsJPMorgan Chase kicked off the finance sector's Q4 2010 earnings season with a report showing the bank’s quarterly profits rose 47% to $4.8 billion.
January 14, 2011
To Rein In Inflation, China Tightens Reserve RequirementsIn a continuing effort to reduce inflation and keep market bubbles from forming, China’s central bank on Friday raised required reserves for lenders for the fourth time in a bit over two months.
January 14, 2011
Euribor Rate Jumps on Inflation WarningIn the wake of warnings by the European Central Bank about inflation within the euro zone, the price of euro-based bank-to-bank lending rose by 1% on Friday.
January 13, 2011
German Economy Grows By 3.6%Strong domestic demand, rebound in exports cited as cause.