Economy & Markets
The important economic and stock market news that advisors need to know.
Bank of Japan Considering ETFs and REITs to Promote ‘Risk-Taking Activity’
By John SullivanBased on a slowing recovery and its impact on economic activity and prices, policy board members of the Bank of Japan members concurred that it was necessary for the bank to further enhance monetary easing.
November 02, 2010
'Old Normal' S&P 500 Rally Beating 'New Normal': Was Ken Fisher Right?The controversy over 'new normal' continues to grow.
November 02, 2010
NYSE Euronext Beats Estimates, Reports Weakening SalesTransaction and clearing fees for the stock exchange were down 14.5% to $726 million in the third quarter
November 02, 2010
Treasury Releases Rates on I Bonds, EE BondsTreasury's Bureau of the Public Debt announced Monday earnings rates for Series I Savings Bonds and Series EE Savings Bonds, issued from Nov. 2010 through April 2011.
November 02, 2010
After Vote, GOP Expected to Win House; Fed to Announce QE PlanElection day has finally arrived and while the true make-up of the next Congress won't be revealed until Wednesday, Republicans are optimistic they will win the 39 seats that will guarantee a takeover of the House. Republicans gaining control of the Senate, however, looks far less likely.
November 01, 2010
Our Worst EnemyI was in my car listening to afternoon drive-time, psychobabble BS when the guest said, "I don't fix problems, I fix people." Simple enough--people cause...
November 01, 2010
Behind the Numbers with Jeffrey KleintopWe expect the economy and markets will stay on the course for growth in 2010. We are maintaing our forecasts for the year, which include:...
November 01, 2010
Credit Where Credit Is DueUsing credit scores in an economy that has seen millions put out of work and into foreclosure is unfair and subjects consumers to unreasonable rate increases.