Economy & Markets
The important economic and stock market news that advisors need to know.
Swedish, Japanese Dominate Green Bond Market
By Marlene Y. SatterFive of the top 10 underwriters of approximately $7 billion in green bonds come from Sweden and Japan, with Skandinaviska Enskilda Banken and Daiwa Securities Group Inc. underwriting the most of such investments since their inception in 2007.
January 23, 2012
Target-Date Funds Beat Q3 Returns, End 2011 Down: IbbotsonTarget-date funds struggled to recover from volatility left over from a 'very tough third quarter,' according to the Ibbotson Target Maturity Report, released Monday.
January 23, 2012
Fed’s Transparency Policy Meets Skepticism on Wall StreetThe Federal Reserve launches its new transparency initiative Wednesday, but a prominent economist is warning the move could 'greatly increase the risk of severe market and economic disruptions.'
January 23, 2012
EU Seeks to Close Bank Capital LoopholeThe European Union will try to close a loophole that allows lenders to avoid holding sufficient capital to offset the risk on their holdings of sovereign debt,k.
January 23, 2012
Vanguard CIO Defends ETFs, Calls for More EducationVanguard CIO Gus Sauter said Monday that the ETF industry needs to do more to educate investors about its products. Sauter, who spoke at an ETF conference, also defended the products, which have been criticized in the past year or so.
January 23, 2012
Europe Approves Gradual Embargo on Iran's OilEuropean governments have approved an embargo on Iranian oil to pressure that country to cease its nuclear program. However, they advocated a gradual phase-in of sanctions because of the toll the debt crisis is taking on the European economic situation.
January 23, 2012
Fundamentals Propel Rally in Life StocksAnalysts at Keefe, Bruyette & Woods are encouraged by the news that life stocks are performing even in this low interest rate environment.
January 23, 2012
Fundamentals Propel Rally in Life StocksAnalysts at Keefe, Bruyette & Woods are encouraged by the news that life stocks are performing even in this low interest rate environment.