Economy & Markets
The important economic and stock market news that advisors need to know.
October Jobs Report Surprises With Best Month Since April
By Joyce HansonAn additional 151,000 jobs were created in the U.S. economy in October, surprising economists with their strength, although unemployment remained flat at a rate of 9.6%.
November 04, 2010
How to Get Fixed-Income Clients out of Their Holding PatternMany producers struggle to provide their fixed-income clients with attractive options to boost their returns. The challenge is, how can you pursue higher returns without exposing the client to significantly higher risk?
November 04, 2010
Fed’s QE2 Plan Looks to Create Inflation and Drive Dollar LowerNow that the FOMC has decided to print more money and buy $600 billion of government debt, market watchers are looking closely at what will happen to the U.S. dollar.
November 04, 2010
Ken Fisher Sees Stocks, Corporates Up in Post-Election Rally: Exclusive InterviewKen Fisher says that America's 'predictable election cycle' is a driver of returns, on average up '17.5 % in the 12-months after' midterm elections.
November 04, 2010
Jobless Claims Rise Again; Productivity, Same-Store Sales UpFirst-time unemployment claims rose again for the week, by 20,000, as productivity increased 1.9% and retail sales were strong across the board.
November 04, 2010
Bank of England, ECB Leave Interest Rates Unchangedn the wake of the Fed's decision on Wednesday to go ahead with $600 billion in quantitative easing, the ECB and the Bank of England both announced Thursday to leave their interest rates unchanged.
November 04, 2010
Jon Stewart, Economic Advisor?Probably not, but Bloomberg reported Wednesday that Treasury Secretary Timothy Geithner met with comedian Jon Stewart - off the record - in April.
November 04, 2010
Municipal Bond Market Crisis Battering States, TownsThe wobbly state of the municipal bond market is the topic of a new study by Aite Group.