Economy & Markets
The important economic and stock market news that advisors need to know.
Ireland Steps Back From Brink as Bailout Expected
By Marlene Y. SatterIreland's situation, which had grown more tenuous as fears spread of default, eased on Thursday, as Patrick Honohan, Ireland's central bank governor, said he expected loans of "tens of billions" of euros.
November 17, 2010
Ireland Teeters on Brink as Greek Deadline NearsIreland's situation grows more tenuous as fears spread of default, with Ireland still insisting it does not need outside assistance and the EU finance ministers agreeing Wednesday to prepare with the IMF for a bailout of the country.
November 17, 2010
Small Business Owners Expect Rebound in Second Half of 2011A survey released Nov. 11 by Administaff found almost half of small business owners don't expect the economy to rebound until the end of next year.
November 17, 2010
BondDesk’s Shayne: EU Troubles With Ireland May Mean Lower Yields in U.S.Between Ireland and Greece, the EU has its hands full trying to stave off potential disaster for the euro and the union, but BondDesk's Chris Shayne says it's too early to tell how it'll influence U.S. Treasuries.
November 17, 2010
Emerging Markets Debt and the PIGSDoubleLine Fund's Luz Padilla speaks about the emerging markets and a bit about concerns with PIGS.
November 17, 2010
Research Senior Editor Ken Silber discusses the origin of hedge fundsResearch Senior Editor Ken Silber on the Gabe Wisdom Show of 11/10/10, Business Talk Radio, talks about Alfred Winslow Jones, the eclectic founder of the hedge fund industry.
November 17, 2010
CPI Barely Rose in October; Lowest Yearly Gain on RecordStoking U.S. market fears of deflation, core CPI saw its smallest 12-month increase, rising only 0.6% over the last year, posting its smallest gain since the Labor Department started keeping records in 1957.
November 17, 2010
Putnam CEO Reynolds Calls for a 'New Solvency'Putnam's Reynolds: If the U.S. does not move to a new economic model, the global markets will force change "in ways much more painful than anything" the Deficit Reduction Commission proposed.