Economy & Markets
The important economic and stock market news that advisors need to know.
Used Lamborghinis linger on H.K. lots amid lull (Bloomberg)
By Staff WriterThe economy cant be completely to blame. More than 270 new luxury vehicles were sold in the first half of 2012, which outpaced the 23% gain in the U.S.the worlds richest nation.
July 30, 2012
Draghi, With Credibility at Stake, Ups Ante in Debt FightECB President Mario Draghi is upping the ante after saying last week he would do "whatever it takes" to preserve the euro.
July 27, 2012
GDP Suggests Time’s Running Out for ObamaTodays market rally is probably due to traders gaming Obamas decreasing chances for a second term.
July 27, 2012
Draghi’s Dilemma: ‘Whatever it takes’ Could Alienate Fellow ECB MembersMario Draghi, president of the ECB, may have painted himself into a corner with his London speech on Thursday promising to do whatever it takes to rescue the euro.
July 27, 2012
Criminal Probes Start in LIBOR ScandalThe LIBOR scandal churned on; criminal probes were launched by the U.K.s Serious Fraud Office (SFO) while in the U.S., the Justice Department prepared to file charges.
July 26, 2012
Advising the Aging Brain; Running a Cool Workplace: August Research—SlideshowFinancial decision-making ability peaks in middle age, according to a body of research cited by Michael Finke of Texas Tech University in his cover story for the August issue of Research, The Challenge of the Aging Brain. In A Cool Place to Work, Ellen Uzelac looks at how some advisors...
July 26, 2012
Top of the Dividend ChartsWith current market conditions and global economic trends, advisors have a good opportunity to introduce more clients to companies that make the Mergent Dividend Achievers roster.
July 26, 2012
Prediction TimeForecasting election outcomes has taken on some of the trappings of a science in recent years.