Economy & Markets
The important economic and stock market news that advisors need to know.
Third of young investors say they will ‘never feel comfortable’ buying stocks (AdvisorOne)
By Staff WriterSome young investors find stocks overwhelming, complex and intimidating.
June 14, 2012
Americans Still Blame Bush for Bad EconomyA new Gallup poll shows Americans still blame George W. Bush for the nations ailing economy more than President Obama. Meanwhile, conservative and liberal economists debate.
June 14, 2012
Spain, Cyprus DowngradedMoody's cut the ratings of Spain and Cyprus on Wednesday. Bond yields topped 7% for Spain, and in Italys first bond sale since Spains bailout yields surged.
June 13, 2012
Third of Young Investors Say They Will ‘Never Feel Comfortable’ Buying StocksInvestors are overwhelmed and intimidated by the complexity of investment products, as well as the sheer number of choices available to them, the MFS Sentiment Survey found.
June 13, 2012
JPMorgan’s Dimon to Senators: $2 Billion Loss ‘Isolated Event’In hindsight, JPMorgan Chase CEO Jamie Dimon told the Senate Banking Committee on Wednesday, traders did not have the requisite understanding of the risks they took.
June 13, 2012
Southern Eurozone’s Woes Simmer OnDespite a weekend bailout for Spains banking sector that was meant to reassure investors, markets continued to punish the southern eurozone.
June 12, 2012
S&P Capital IQ Launches Subadvisory Unit to Aid Indie AdvisorsS&P Capital IQ is getting into the subadvisory business in a big way, targeting independent advisors who seek help in building model portfolios.
June 12, 2012
SEC’s Money-Market Overhaul Faces Uncertain FutureSEC Chairwoman Mary Schapiro was stymied in her reform efforts last week, as a provision attached to a funding bill would require the SEC to study the situation once again.