Economy & Markets
The important economic and stock market news that advisors need to know.
IMCA Speaker Rejects Investor Objections to Buying Equities
By Warren S. HerschMany of the reasons cited by investors for not buying equities, generally, and U.S. stocks, in particular, are not justified by the facts, says a speaker at the IMCA Conference.
January 31, 2012
Top 5 International Bond FundsAlpha that comes from an international play, combined with lower risk associated with fixed income, could be the perfect fit. Zacks Investment Research lists the top five international bond mutual funds currently out there.
January 30, 2012
Growth Accelerates, but U.S. Has Lots of Ground to Make Up (New York Times)Even with the pickup in output last quarter, the pace was below the average of economic expansions in the United States since World War II.
January 30, 2012
Senate Sets Monday Vote on Banning Insider Trading by CongressSenate Democrats lobby in support of STOCK Act, say lawmakers 'should not be above the law.'
January 30, 2012
Hussman Warns of ‘Goat Rodeo’ for Markets With 25% LossesThe PhD portfolio manager warns that today's low earnings yields and high financial advisor bullishness "is associated almost exclusively with steeply negative outcomes."
January 30, 2012
Ezrati, Golub See Flat Investment Year of Risk-On Trades: IMCA 2012Lord Abbetts Milton Ezrati and UBS Jonathan Golub discussed investment strategies for 2012 at the IMCA conference in New York on Monday.
January 30, 2012
France Will Tax Financial Transactions Starting in August: SarkozyFrance will unilaterally begin to tax all financial transactions at 0.1%, beginning in August, according to President Nicolas Sarkozy. Saying that he wants to 'set an example,' Sarkozy is determined to make good on a pledge he made to impose the tax when France was president of both the G8...
January 30, 2012
Ireland Could Put New Eurozone Treaty to ReferendumAs eurozone ministers gather Monday for the final touches to a new treaty set to tighten budget rules for the bloc, disagreement in Ireland over continued austerity could threaten the currency.