Economy & Markets
The important economic and stock market news that advisors need to know.
Return to Gold Standard Gets Political Play
By Gil WeinreichNewt Gingrich made news last month when he pledged to appoint gold bugs Lewis Lehrman and James Grant to a new commission that would explore the feasibility of returning the U.S. to the gold standard.
February 06, 2012
Finland Votes for Pro-Euro PresidentSauli Niinisto won Finland's presidential election on Sunday, garnering 63% of the popular vote, amid fears that anti-euro candidates would make a much stronger showing.
February 05, 2012
Why Is Greece Still Part of the Euro?The EU has turned into a club of rogue members.
February 05, 2012
PIMCO’s El-Erian: QE3 LikelyPIMCO CEO and co-CIO Mohamed El-Erian spoke with Bloomberg Television Friday about last weeks jobs report and the global economy.
February 03, 2012
TD Bank Chief Economist: ‘Europe No. 1 Risk Facing Globe’The economy still has major imbalances to unwind, which will act as a drag on growth for the foreseeable future, says Craig Alexander, senior vice president and chief economist with TD Bank Group.
February 03, 2012
Keynes vs. Hayek Smackdown: Battle Still Rages Between Long-Dead EconomistsTo many market watchers, the fight of the century was the battle royale between economists John Maynard Keynes and Friedrich August von Hayek--and it's a fight that rages on though the opponents died years ago.
February 03, 2012
Deadline for Greek Bailout Agreement Set for MondayEurozone finance ministers intend to polish up an agreement to grant Greece a second bailout package in the hope that it will forestall the debt crisis and reassure markets.
February 03, 2012
Economy Added 243,000 Jobs in January; Unemployment Rate Falls to 8.3%Unemployment is now at its lowest point since President Obamas first full month in office, and Fridays report is sure to win attention for Obama in his presidential bid for re-election in 2012.