Economy & Markets
The important economic and stock market news that advisors need to know.
PIMCO’s El-Erian: Too Much Liquidity From Central Banks?
By John SullivanPIMCO chief Mohamed El-Erian raises surprising points in his piece posted Saturday, especially in light of arguments made by his boss, Bill Gross.
January 27, 2012
ProShares Launches ETF Focused on German DebtProShares announced Thursday the launch of the first U.S.-based ETF focused on sovereign and sub-sovereign debt from Germany, which has the world's third-largest public debt market and is widely recognized for its fiscal strength.
January 27, 2012
All-Around Pressure Marks Greek NegotiationsNo one it seems can escape the pressure to accept less in the negotiations to save the Greece economy.
January 27, 2012
For Big Banks, It’s a Case of Bill Gross vs. Gundlach, KBW, et alIn the case of Too Big to Fail vs. Market Expectations, it looks like negative market expectations are winning out against the big U.S. banks.
January 27, 2012
Affluent Investors Mirror Broader Economy’s Tepid OptimismIf affluent investor sentiment is a guide, the economy continues to progress at a steady but very slow pace.
January 26, 2012
Tim Clift Says FundQuest’s Analysts Will Complement Envestnet|PMC’s QuantsNow chief investment strategist at PMC following acquisition by Envestnet, Clift says advisors can expect higher correlations through election; Europe already in recession.
January 26, 2012
Davos Not for Everyone—Just Ask PIMCO’s El-ErianWhile executives and government officials attending the forum in Davos, Switzerland, debate the global economy, at least one money manager, PIMCO CEO Mohamed El-Erian, says hes happy to stay home.
January 26, 2012
Obama to Issue Corporate Tax Overhaul Plan in FebruaryThe White House said that the corporate tax proposal would lower the 35% rate and that they would release the details simultaneous to the administrations fiscal 2013 budget plan.