Economy & Markets
The important economic and stock market news that advisors need to know.
Budget Bill Nears Senate Passage
By Andrew TaylorThe Senate advanced the measure over a filibuster threshold on a 67-33 vote, ensuring it will pass the chamber no later than Wednesday.
December 16, 2013
Larry Summers Argues for Easy Money as All Eyes Watch FedSummers fears the U.S. is in danger of sinking into a Japan-style stagnation, which, to be pre-empted, requires long-term unconventional policy support from the Fed.
December 16, 2013
Introducing FRED: a Free Analysis Tool From the FedI use FRED, an Excel add-on from the St. Louis Fed, to keep informed on all matters economic and markets, and to perform analysis.
December 13, 2013
Pension Advocates Blast Budget’s Premium HikeIt is simply unacceptable that members of Congress of both parties...view pension plans as a piggy bank," American Benefits Council president says.
December 12, 2013
The Battles That Shaped Dodd-FrankChris Dodd and Barney Frank shared anecdotes about what really keeps Wall Street awake at night and who has more political clout than big banks.
December 12, 2013
First Eagle Fund Goes ‘Anywhere the Value Is,’ but With a Safety MarginGlobal Income fund builds on First Eagle Global Funds success, following Benjamin Graham's diktats, but not averse to the benefits of high-yield bonds.
December 12, 2013
Budget Deal Heads for Likely House PassageSpeaker John Boehner criticized conservative groups for opposing it; Senate Majority Leader Harry Reid said "neither side got everything it wanted."
December 12, 2013
Does PPACA make silver networks narrow?A Heritage Foundation witness says the subsidy structure shapes the provider directories.