Economy & Markets
The important economic and stock market news that advisors need to know.
An Advisor (and Client) Wish List for the Next President
By Andrew RiceIs it too much to ask for some simplicity, common sense and logic from our Commander-in-Chief?
October 01, 2012
Euro zone joblessness risks “economic disaster”European leaders are dealing with an unemployment rate President Barack Obama wouldn't even want.
October 01, 2012
What Mr. Bernanke Got Right—Searching for Alpha for October 2012On inflation, the Fed chairmans assumptions have proven correct, and stocks may well benefit in the fourth quarter.
October 01, 2012
London Is Bleeding BankersThird-quarter drops in revenue and profits have reportedly cost the City of London 9,000 jobs in the financial services sector, according to a survey by a business lobby group.
October 01, 2012
Greece’s Budget to Frontload CutsA government official has said that the Greek draft budget frontloads cuts to return the country to a surplus in 2013, but at the cost of shrinking its economy for a sixth straight year.
October 01, 2012
Eurozone Data Indicate ‘New Recession’: MarkitFactories saw demand fall and countries saw unemployment rise from July through September as Markit Economics said the activityor, rather, lack of itindicated a new recession.
October 01, 2012
Matalin and Carville Trade Barbs Over Election at FPA ConferenceI think hes hot, Republican strategist Mary Matalin said of her husband, Democratic political player James Carville, on Saturday at the FPA Experience 2012.
October 01, 2012
Dallas Fed Official on ‘Wyle E. Coyote’ EconomyThe Federal Reserve Bank of Dallas came to San Antonio on Saturday for a session on how we got to where we are in the economic crisis, and whats next for the recovery.