Economy & Markets
The important economic and stock market news that advisors need to know.
Barclays’ Chief Quits as Outcry Over Libor Grows
By Marlene Y. SatterA day after he insisted he had no intention of stepping down, Bob Diamond resigned as head of Barclays Bank effective immediately, bowing to pressure from lawmakers outraged over the manipulation of Libor rates on his watch.
July 02, 2012
Women Are an Opportunity, Not a Niche: Schwab’s ClarkAmong the lessons from Schwabs Women and Financial Independence Study, according to Bernie Clark: Dont treat us differently, but do get to know us and our goals.
July 02, 2012
EU Summit Decision: Just Kicking the Can Down the Road—Searching for Alpha for July 2012Why Im skeptical that the latest EU prescription can change the fundamentals of the eurozones problems.
July 02, 2012
Diamond Pressured as Barclays’ Agius Steps DownBarclays Chairman Marcus Agius resigned from his post after a LIBOR-rigging scandal resulted in a fine of 290 million pounds. CEO Bob Diamond remained at the helm despite calls for his ouster.
June 30, 2012
5 Keys to the presidential raceAs the Gallup piece surmises, this election cycle will have many twists and turns along the way.
June 29, 2012
Tech vs. Utilities: What’s the Better Value?Historically, tech has traded at a premium relative to utilities.
June 29, 2012
4 Reasons Treasury Yields Can Fall FurtherA confluence of factors is contributing to distortions in the U.S. Treasury market
June 29, 2012
Fiscal Cliff Is Higher Than You Think: BofA-MerrillTaxpayers may have to leap off the fiscal cliff on Jan. 1, 2013, unless Obama and Congress act together.