Economy & Markets
The important economic and stock market news that advisors need to know.
Bernanke Decries Tough Lending Standards
By John SullivanThe Fed chairman said residential mortgage lending has been particularly sluggish."
May 10, 2012
Greek Mandate Still UnfulfilledFour days after Greek elections that left five anti-bailout parties seated in Parliament, a ruling coalition still has not emerged.
May 10, 2012
Goolsbee Sees ‘Awful Recession’ for Europe, ‘Fiscal Cliff’ for U.S.At NAPFA conference, Obamas former economic adviser warns that the end of the year will be dire for U.S.
May 09, 2012
PIMCO’s Gross: Focus on Short-Term Securities, QE3 Is ComingThe bond king says real assets and commodities should occupy an increasing percentage of portfolios.
May 09, 2012
Greece, France Jockey for ChangeAlexis Tsipras of the Syriza party in Greece has given leaders of other parties an ultimatum: reject the bailout and its tough conditions, or be shut out of the government.
May 08, 2012
Stocks Fall as Greece Struggles to Form GovernmentA wave of political uncertainty in Europe spread through financial markets Tuesday, pushing U.S. stocks sharply lower.
May 08, 2012
Stocks Fall as Greece Struggles to Form GovernmentA wave of political uncertainty in Europe spread through financial markets Tuesday, pushing U.S. stocks sharply lower.
May 08, 2012
Why Entrepreneurs Love Dallas and Hate L.A.A survey conducted by Thumbtack, a website that helps consumers get bids from local handymen, yoga instructors and even financial advisors, provides data from local entrepreneurs themselves.