Economy & Markets
The important economic and stock market news that advisors need to know.
Soros Buys Into Manchester United
By Marlene Y. SatterAccording to SEC filings, Soros Fund Management snapped up more than 3.1 million shares to the tune of 25.8 million pounds ($40.7 million) as of the stocks closing price on Monday.
August 20, 2012
PIMCO’s El-Erian: 5 Reasons Europe Resembles an Unstable HammockEmploying a seasonal metaphor, PIMCO head Mohamed El-Erian compares the situation in Europe to that of an unstable hammock in an effort to explain what has, and most likely will, happen.
August 20, 2012
Patton’s Fund Picks, Pt. 6: Global, EM Bond FundsAdvisor Mike Patton shares the results of his own research that yields his favorite mutual funds in the global and emerging market bond space.
August 17, 2012
Facebook Shares Hit New LowFacebook Inc.'s IPO woes continued Thursday, as imposed lockup deadline expired, allowing early investors to sell their shares.
August 17, 2012
Road to retirement shouldn’t be paved with stocksAdvisors should be instructing clients to work longer, cut spending and use a reverse mortgage, according to a new study.
August 17, 2012
Road to retirement shouldn’t be paved with stocksAdvisors should be instructing clients to work longer, cut spending and use a reverse mortgage, according to a new study.
August 17, 2012
What Makes Your Clients Tick? A Peek at 10 Finance Firms’ CustomersLooking to connect with potential clients? New Media Metrics analyzed the customers of 10 major financial institutions to discover their interests and favorite media, as well as the emotional pull of the banks themselves.
August 17, 2012
A Handy Guide to China’s Economic SlowdownChinas high economic growth rates over the past few years are due in part to Chinas aggressive policies on internal consumption and production.