Economy & Markets
The important economic and stock market news that advisors need to know.
The Arab Autumn
By Virginie MaisonneuveA little over one year ago, the world witnessed unprecedented events as political protests swept across the Middle East, taking down four long-standing autocrats and drastically changing the political landscape.
October 23, 2012
Faber Still Gloomy 25 Years After Black MondayMarc Faber came to fame by correctly predicting disaster, and hes still at it a quarter of a century later.
October 23, 2012
Wall Street drops as earnings, Spain’s debt spark fearsThe percentage of public companies missing analysts' revenue expectations has been high.
October 23, 2012
SIFMA’s Ryan Renews Dodd-Frank Support but Scoffs at Volcker RuleNo one can be happy with where reform stands, said Ryan on Tuesday at SIFMA's annual meeting in New York. Chairman Chet Helck spoke about the emotional side of the beleaguered finance industry.
October 23, 2012
DIAs: The ‘income later’ optionAs boomers near retirement, demand for deferred income annuities is set to grow.
October 23, 2012
DIAs: The ‘income later’ optionAs boomers near retirement, demand for deferred income annuities is set to grow.
October 23, 2012
Downgrades Drive Spanish Bond Yields HigherFive regions in Spain were hit by ratings downgrades by Moodys, sending yields higher and prices lower on Spanish bonds at a Tuesday sale. The Spanish economy also showed further contraction.
October 23, 2012
Billionaire Ross Looks at Spanish BanksBillionaire Wilbur Ross is considering adding assets from troubled large Spanish banks to his firms other bank holdings, and has said that he is in talks every week with bank representatives.