Economy & Markets
The important economic and stock market news that advisors need to know.
Dithering Deepens, Spreads Eurozone Crisis
By Marlene Y. SatterCalls for action seem to be everywhere throughout the eurozone with the exception of Germany, where Chancellor Angela Merkels insistence on adhering to austerity is increasingly isolating her from the rest of the region.
May 30, 2012
Biderman Boils Doom and Gloom Down to Specific Portfolio PicksTrimTabs founder launches low-cost investment newsletter for retail investors; recommends gold bars over ETFs as hedge against potential economic collapse.
May 30, 2012
Peter Schiff: Too Late, America Is Already Broke"Were like Facebook" to investors, and they wont like what they see, says the CEO of Euro Pacific Captial.
May 30, 2012
Spain Spooks Investors as Eurozone Confidence FallsThe Spanish bank crisis escalated on Wednesday, frightening investors away from markets that fell to their lowest level in nine years.
May 29, 2012
Moodys Downgrades Nordic Banks, Investors YawnThose AAA-rated subprime loans certainly didnt help.
May 29, 2012
Raymond James’ Helck on Fiduciary Standard: ‘No Problem,’ but ‘Devil in the Details’The head of Raymond James Private Client Group worries that the 40 Act doesnt work when it comes to non-discretionary accounts, so need exists to write new fiduciary rules.
May 29, 2012
TrimTabs: Funds Continue to Flow Out of U.S. StocksFunds flow tracker TrimTabs is reporting discouraging news for equities, saying investors continued their flight to the perceived safety of bonds in the first quarter.
May 29, 2012
No 3-Peat in 2012: Goldman’s O’Neill on EconomyThe analyst takes an above-consensus view on U.S. and global growth rates for this year.