Economy & Markets
The important economic and stock market news that advisors need to know.
Moody's Unimpressed With Eurozone Deal
By Marlene Y. SatterDespite hours of negotiations at a summit meeting last week that resulted in an agreement by 26 of the 27 European Union countries for closer financial ties, Moody's Investors Service was not impressed.
December 12, 2011
PIMCO’s El-Erian: Jets, Patriots and the European CrisisEmploying an unusual comparative to describe the situation in Europe, PIMCO CEO Mohamed El-Erian used a football analogy in a piece published Friday by CNBC.
December 12, 2011
Which Are Better: Funds That Stick to Style, or Those That Wander?In a portfolio, exploring which funds and ETFs perform better in bear and bull markets when you look at category tracking. One finding: cap size matters
December 11, 2011
Investing in 'The Lucky Country' via ETFsUnlike Europe (and the U.S.), the Australian government has very low overall debt levels and projects a budget surplus in 2012.
December 09, 2011
RBC Capital Markets Expects Further ECB Rate CutsThe European Central Bank lowered interest rates and extended its liquidity provisions, demonstrating that it's willing to go far when acting within its core mandate, RBC Capital Markets wrote in its weekly research paper, "Global Directions," on Friday.
December 09, 2011
Soros Gambles Big on European DebtThe fact that George Soros took his investment firm private earlier this year may be the factor that potentially allows him to score big on a $2 billion bet: European bonds purchased from MF Global Holdings Ltd., Jon Corzine's now-bankrupt securities firm.
December 09, 2011
Investors Capital Holdings Added to Russell Microcap IndexThe independent broker-dealer, selected as one of Investment Advisor magazine's Broker-Dealers of the Year, is included in the index for one year.
December 09, 2011
Sam Stovall Sees a 13% Advance in S&P 500 for 2012S&P Capital IQs Investment Policy Committee cites jump in corporate earnings, recession in Europe and half-speed recovery in U.S.