Economy & Markets
The important economic and stock market news that advisors need to know.
Roubini: 5 Reasons Growth Will Slow in Second Half
By John SullivanUsing phrases like fairy tale and pie in the sky, Dr. Doom doesnt like what he sees.
July 20, 2012
Preparing Clients for Reality of Obamacare Investment TaxAn additional 3.8% tax on investment income will be implemented in less than six months, and your high-income clients will need advice on how to reposition their investments to minimize its effect.
July 20, 2012
Top Portfolio Products: Motley Fool Fund Gets Five StarsNew products introduced over the last week include a new fund from Motley Fool, a new Market Vectors ETF that excludes financials, and a new ETF from Global X.
July 20, 2012
Critics Slam SEC’s Municipal Advisor Plan in Dodd-Frank HearingOne expressed concern with the proposed rule is that it defines municipal advisor too broadly.
July 20, 2012
Commonwealth Financial’s McMillan Launches Blog on Economy, MarketsThe BDs chief investment officers musings are aimed at educating advisors and their clients.
July 20, 2012
Singapore Exchange Denies It Will Buy London Stock ExchangeA report in Britains Daily Telegraph on Thursday that the Singapore Exchange was in talks to buy the London Stock Exchange was denied by the former on Friday.
July 20, 2012
Banks May Seek Group LIBOR SettlementBarclays has been a cautionary lesson for other banks involved in the LIBOR-rigging scandal.
July 19, 2012
Preparing Clients for the Reality of PPACA’s Investment Income TaxWhen the Supreme Court upheld most of PPACA, it confirmed that the PPACA provisions proposing an additional 3.8 percent tax on investment income will shortly become effective.