Economy & Markets
The important economic and stock market news that advisors need to know.
Bernanke to Senators: Don’t Dawdle in Addressing Fiscal Cliff
By Melanie WaddellFed Chairman Ben Bernanke signaled to senators on Tuesday that more quantitative easing measures might be taken and urged lawmakers to not dawdle in addressing the nations fiscal woes.
July 17, 2012
Global recovery still under threat, says IMF outlook (BBC)The IMF predicts growth in advanced economies to expand by 1.4% this year and 1.9% next year. Inflation is expected to ease as demand and commodity prices weaken.
July 17, 2012
BoE Governor Pushed for Barclays Chief’s OusterThe British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.
July 16, 2012
Estate Planners: 5 New Taxes to WatchCome January, certain clients could be facing higher tax bills. Get ready now to help them cope later.
July 16, 2012
Estate Planners: 5 New Taxes to WatchCome January, certain clients could be facing higher tax bills. Get ready now to help them cope later.
July 16, 2012
Asset Manager Urges San Bernardino Bondholders: Don’t PanicAs municipal bondholders worry about how to protect themselves from the impending bankruptcy of San Bernardino, Calif., separate account bond manager Asset Dedication is telling clients not to panic.
July 16, 2012
Spitzer: LIBOR Scandal ‘About as Big as It Gets’Former Gov. Eliot Spitzer of New York, no stranger to scandal himself, says there could be very serious questions for Treasury Secretary Tim Geithner if he failed to adequately pursue concerns about LIBOR in 2008.