Economy & Markets
The important economic and stock market news that advisors need to know.
The Election and the Markets: One Advisor's View
By Mike PattonNo matter the outcome of the presidential election, I do expect some of the uncertainty to recede as businesses will finally know the rules of the game.
November 02, 2012
PIMCO’s El-Erian: 2 Things Government Must Do to Get Economy MovingPIMCOs CEO reacted to Fridays jobs report, noting that a disparity exists between households and the business sector.
November 02, 2012
Ahead of Election, U.S. Added 171,000 Jobs in OctoberJust four days before the presidential election, the BLS October jobs report showed unemployment notched up to 7.9% as employers added 171,000 jobs.
November 02, 2012
October's solid jobs report — and what it means for the presidential raceThe numbers benefit both candidates.
November 02, 2012
RBS May Face Fines on LIBORThe investigation of RBS by regulators in Britain and in the U.S. over the LIBOR rigging scandal could obscure the bank's performance.
November 02, 2012
China Construction Considering Dim Sum Bond IssueThe second largest bank in China is considering using London as the venue for an issue of yuan-denominated bonds for offshore sale.
November 02, 2012
Inshoring? China Builder Seeks Loan for Nevada ProjectIts the reverse of a trend seen all too often in the U.S.: a business expansion taking place offshore.
November 01, 2012
Ragtops and Higher Rates—Searching for Alpha for November 2012One of the most often-asked questions I receive is the potential impact of higher interest rates on portfolio returns.