Economy & Markets
The important economic and stock market news that advisors need to know.
Is Portfolio Theory Dead? Markowitz Stands His Ground
By Joyce HansonModern portfolio theory isnt dead, says theory inventor and Nobel laureate Harry Markowitz.
June 04, 2012
AIG’s Benmosche: To Save Europe Make Retirement Age 80Europes debt crisis shows governments worldwide must accept that people will have to work longer as life expectancies increase.
June 04, 2012
The Funniest Graph I've Ever Seen About Why the Euro Is Totally Doomed (The Atlantic)Graph show the major countries of the European Union are more different from each other than all of the countries that begin with the letter "M."
June 04, 2012
Tourists Fail to Boost Employment in SpainEven the influx of tourists during peak travel season has failed to boost Spanish employment out of the doldrums.
June 01, 2012
Affluent, Millionaire Investors Losing Confidence: SpectremAffluent and millionaire investors are increasingly worried about the fragile state of the economy, according to the latest survey from Spectrem Group.
June 01, 2012
SEC Approves Rules Related to ‘Flash Crash’The SEC on Thursday approved two proposals submitted by the national securities exchanges and FINRA that address failures that occurred during the flash crash on May 6, 2010.
June 01, 2012
PIMCO’s Gross, El-Erian on Sour Economic News: Avoid Europe, Leaders Losing ControlPIMCOs leaders reacted to the dour economic news of the past few days, highlighted by the third straight disappointing jobs report on Friday.
June 01, 2012
After May Swoon, What’s Next?—Searching for Alpha for June 2012Following stocks dismal performance in May, whats next for the markets over the next few months?