Economy & Markets
The important economic and stock market news that advisors need to know.
Fitch Cuts U.S. Rating Outlook to Negative
By Marlene Y. SatterAfter the congressional supercommittee failed to find common ground for budget cuts, Fitch Ratings, the last agency to rate the U.S. outlook as stable, downgraded it on Monday to negative.
November 28, 2011
Use Global Fixed Income to Improve DiversificationToday, there are more opportunities for individual and institutional investors alike, allowing them to gain access to the global fixed income universe.
November 28, 2011
A Better DayImagine youre given the choice of two different times to be a stock market investor.
November 28, 2011
Is Another 2008 Imminent for Global Equities?Given the dramatic market volatility we have seen over the past few months, we thought it wise to provide our take on what is driving the turbulence, especially in light of the short-term surge in the U.S. dollar and the declines in commodity-related investments.
November 28, 2011
Advisors, Beware of Sharp Tax Increase in 2013, Expert SaysGovernment affairs expert Andrew Friedman offered a warning to financial advisors to prepare for a steep rise in taxes likely to take effect just one year from now.
November 28, 2011
Democrats Propose to Extend, Expand Payroll Tax Cut; Republicans ScoffSenate Democrats on Monday urged Congress to extend the tax cuts now in place for employers and employees, but Republicans countered that the tax holiday should end because it isnt stimulating the economy.
November 28, 2011
Stocks Soar After Big Holiday Shopping WeekendA strong start to the U.S. shopping season and fresh proposals for a far-reaching solution to Europe's debt crisis sent stocks sharply higher Monday.
November 28, 2011
Germany, France Look for Deeper Ties to Fix EconomyAs the eurozone crisis escalates, Germany and France are discussing radical methods of coping via deeper fiscal ties among eurozone nationseven if it means not working through existing treaties.