Economy & Markets
The important economic and stock market news that advisors need to know.
The QE3 Tightrope: Relief at the End, Inflation Danger Below
By Gil WeinreichWalking a tightrope over Niagara Falls is how American Enterprise Institute scholar John Makin explains the Feds bold new approach to monetary stimulus.
September 20, 2012
Ireland Investors Warned of Coming LossesIrelands bonds have been the second-best-performing in the eurozone in 2012, but a Citigroup economist says that the countrys hopes to avoid debt restructuring by raising money in the markets are premature.
September 20, 2012
11 Key Congressional Committees for Advisors to Worry AboutAs the election approaches, not just the White House and Congress are in play, but also control of congressional committees important to advisors and others in the financial services sector.
September 19, 2012
French Cabinet OKs EU Fiscal PactThe pact faces opposition from a public tired of austerity and members of President Francois Hollandes coalition government who oppose its measures.
September 19, 2012
What Are the Odds? 6 Election Scenarios Affecting a ‘Fiscal Cliff’ DealIn a weekly commentary, Jeff Kleintop, chief market strategist for LPL Financial, cobbled together an insightful selection of the odds of a fiscal cliff deal based on which party wins what after the election.
September 19, 2012
Among “persuadable” voters, 56% foresee a tough choiceThe bottom line: Neither candidate has managed to break away in the drum-tight presidential race.
September 19, 2012
Deposit Flight Jeopardizes Euro: ReportDeposit outflows from the banks of four countries in the eurozone are contributing to a failure of economic growth and undermining the joint currency itself.
September 19, 2012
U.S. fiscal cliff will halt stocks rally, BankInvest saysDon't forget about the presidential election, too.