Economy & Markets
The important economic and stock market news that advisors need to know.
IMF Approves 2.2. Billion Euros in Aid for Greece
By Marlene Y. SatterEven as the International Monetary Fund approved the release of a new tranche of aid for Greece, its head, Christine Lagarde, said that the nation was in a difficult phase' as its economic reforms were slow to take effect and its growth very weak.
December 06, 2011
Jason Zweig: There Is No ‘New Normal’ EconomyThe always interesting and sometimes contrarian Jason Zweig writes on Total Return, The Wall Street Journal's personal-finance blog, that the so-called new normal aint all that new.
December 05, 2011
S&P Launches Index with Middle East FocusS&P Indices announced on Monday that it has partnered with the Arab Federation of Exchanges to launch an index of 40 companies based in the Middle East.
December 05, 2011
Kenneth Rogoff Asks: Is Modern Capitalism Sustainable?Despite its flaws, the best economic system for nowin the face of no other viable alternativesis 'todays dominant Anglo-American paradigm,' says Harvard University economics professor Kenneth Rogoff in a column that went viral.
December 05, 2011
Another Sign China Growth Is Stalling: November PMI FallsIn November, HSBC purchasing managers index fell from prior month.
December 05, 2011
In Sign of Recovery, Icelandic Bank to Sell Bonds in International MarketsArion Bank will reenter international debt markets for first time since default.
December 05, 2011
Italy and Austerity: New Italian PM Floats $40B More in Cut BacksItalian parliament to take up Montis legislation on pensions, property and luxury taxes
December 05, 2011
Dreaming of a Part-Time CongressRick Perrys idea of a Citizen Congress will never happen, but maybe it should.