Economy & Markets
The important economic and stock market news that advisors need to know.
LPL (and GM) IPO; Lame Duck Congress Returns: Advisor Briefing for the Week of Nov. 15, 2010
By James J. GreenThe big market moving--and advisor-related news--of the week concerns initial public offerings of LPL Financial, expected on Wednesday, Nov. 17, the same day that GM will launch its IPO.
November 15, 2010
Ireland Denies Need for Bailout After EU TalksDespite increased borrowing costs and rumors of a possible bailout, Ireland's minister of enterprise, trade and innovation said Sunday that the countrywas not in need of rescueand has funding till the middle of 2011.
November 14, 2010
A Good Hedge Beats LeverageThe Dow took a 2.2% haircut this past week. Since stocks on average generate returns of 6.5% above the rate of inflation per year, and...
November 12, 2010
Minimal Progress Made as G20 Talks CloseLeaders of the countries that comprise the Group of 20 industrial and developing economies delayed until next year any action to address trade and...
November 12, 2010
Top 5 Most Read Stories: LTC Tax Changes; PIMCO's Gross on Bond MarketThese are AdvisorOne's Top 5 Most Read Stories for the week of Nov. 8.
November 12, 2010
Consumer Sentiment Rose in November Ahead of Holiday SalesBefore holiday shopping begins in earnest, U.S. consumer sentiment has climbed to a five-month high, according to a Thomson Reuters/University of Michigan survey released Friday.
November 11, 2010
Institutional Investors Bounce Back: Conference BoardBy the end of 2009 institutional investors, including insurers, had largely recovered from their dismal investment performance of 2008, according to the Conference Board.
November 11, 2010
White House Signals Surrender on Bush Tax CutsAfter confidently predicting in September a repeal of the Bush tax cuts would pass for those making over $250,000, then suggesting a "decoupling" strategy...