Economy & Markets
The important economic and stock market news that advisors need to know.
Moody's Warns More Downgrades on the Way
By Marlene Y. SatterMoody's warned that it could downgrade the credit ratings of 131 institutions, including 17 banks and securities firms that have global operations as it reviews their long-term ratings and standalone credit assessments.
February 16, 2012
Bashing Wall Street and Election Year Politics: PodcastResearch magazine Senior Editor Kenneth Silber appeared on the Gabe Wisdom Show, on the Business Talk Radio Network, to discuss the intersection of Wall Street and election-year politics.
February 15, 2012
Defending the FedAn American Enterprise Institute scholar argues that both the Fed and U.S. savers today must choose among unpleasant alternatives.
February 15, 2012
Pension Risk Transfer Attractiveness Unchanged, Despite Higher Pension Funding LevelsA key benchmark that gauges the relative attractiveness of annuitizing pension liabilities has remained nearly unchanged since January, according a press statement from Dietrich & Associates.
February 15, 2012
Pension Risk Transfer Attractiveness Unchanged, Despite Higher Pension Funding LevelsA key benchmark that gauges the relative attractiveness of annuitizing pension liabilities has remained nearly unchanged since January, according a press statement from Dietrich & Associates.
February 15, 2012
Payroll Tax Cut Deal Reached in CongressCongressional leaders said late Wednesday they had reached a tentative agreement on a payroll tax cut; legislation likely will be ready for President Obamas signature by the end of the week.
February 15, 2012
BDCs Make Sense HereAs the economy continues to heal, business development companies (BDCs) can potentially add significant value to a portfolio.
February 15, 2012
ECB Plans to Surrender Greek Bond ProfitsECB officials Joerg Asmussen and Luc Coene support the idea, and discussions are under way to determine how to book such profits up front so that they can be provided to Greece as an early lump sum.