Economy & Markets
The important economic and stock market news that advisors need to know.
Fear and Yogurt in Greece: Where to Invest Now That Votes Are Cast
By Joyce HansonGreeces election results are in, and now investors are voting on where they want to put their money. Here's advice from PIMCO's Bill Gross, Wells Fargo and more.
June 18, 2012
Soros’ Greek Election Prediction Comes to FruitionWith a recent speech delivered in Italy earlier this month, investment mogul George Soros believes that the euro may still continue to survive.
June 18, 2012
PIMCO’s Gross: Europe a ‘Localized Tumor,’ Serious Global Cancer on the WayBoth lower quality and lower yields of "previously sacrosanct" debt represent a potential breaking point in our now 40-year-old global monetary system.
June 18, 2012
Pro-Bailout Party Wins Greek ElectionVoters in Greece on Sunday let the world know that they were not quite ready to depart the euro.
June 17, 2012
Mid-June Fund Flows Up After Weak MayInvestors moved into the U.S. and out of Europe in mid-June, reports EPFR Global, though U.S. investors put way less into funds in May, according to Morningstar.
June 15, 2012
In Policy Battle, It’s Heartless vs. Mindless: News AnalysisAdvocates of economic fairness think the efficiency crowd is heartless, while those focused on efficiency think their opponents are dimwits for not understanding that inefficiency shrinks the pie.
June 15, 2012
Schwab’s Top Picks and Tips for Sector ETFsSchwab is overweight in the information technology sector but moved this week into a more defensive position on several others.
June 15, 2012
Growth, Fiscal Union May Emerge from Eurozone CrisisWith the outcome of Sundays coming election in Greece casting shadows over the eurozone, leaders in the European Union are turning from austerity to growth and investigating the possibility of a closer fiscal union.