Economy & Markets
The important economic and stock market news that advisors need to know.
The 'Bubble' Bubble
By Ben WarwickFinancial bubbles are like eating bad oysters -- you always find out after the fact, and by then it’s too late.
January 06, 2011
French Bonds Sell Well; China to Buy Spanish DebtClosing out a week of AAA-rated government debt offerings in Europe, France on Thursday placed nearly 9 billion euros ($11.786 billion) of bonds to strong demand, while China would reportedly buy approximately 6 billion euros of Spanish debt.
January 05, 2011
Morningstar's 2010 Fund Managers of the Year Hail From Sequoia, Janus and TempletonReturns at funds led by the top managers range from 12.7% to 19.5% last year, Morningstar reports.
January 05, 2011
20 Counties Achieve 'AAA' Debt Rating Despite RecessionNew report from Standard & Poor’s finds size, location not a factor.
January 05, 2011
Service Sector Grows at Fastest Pace Since '06; ADP Shows Solid Job GrowthStrong consumer demand pushed a key measure of the economy's service sector to its highest level in more than four years, the latest evidence that the economy is gaining strength and job growth could pick up in the new year.
January 05, 2011
Russell Global Index Up 15.2% in 2010Philippines is the top market worldwide with a gain of 77% last year
January 05, 2011
2011 Market Forecast (and a Review of 2010’s 4Q)Investment returns were solidly positive in the fourth quarter, thanks to increased consumer spending, a better-than-expected Christmas season for retailers, and improved earnings.
January 05, 2011
German Bund Auction Taps Demand; Portuguese Yield RisesIn the first auction of 2011, demand for German Bunds was up, reversing a trend over the last few auctions in which demand has been barely enough to consume all Bunds on offer.