Economy & Markets
The important economic and stock market news that advisors need to know.
S&P Warns of Euro Zone Downgrades if Recession Recurs
By Marlene Y. SatterDavid Beers, who presided over the downgrade of the U.S. credit rating after the great debt debacle in Congress, said Wednesday that ratings in the euro zone are in danger of cuts should large parts of the region sink back into recession.
November 22, 2011
Moody’s Warns France as Markets Punish Nation's DebtAs yields climbed on French debt Tuesday, investors decided they had made up their minds about the countrys creditworthiness: whether or not Moodys cuts Frances triple-A rating, bond buyers are already demanding higher premiums for their funds.
November 22, 2011
PIMCO’s El-Erian Calls U.S. Economy ‘Terrifying’In the wake of failed deficit supercommittee negotiations, Mohamed El-Erian appears to be upping his rhetoric, telling Bloomberg Television that U.S. economic conditions are terrifying given that the nation is coming out of recession.
November 22, 2011
2011 Advisor Hall of Fame; Experts Assess 2012: December Research—SlideshowThe December issue of Research magazine showcases the 2011 Advisor Hall of Fame. Now in its 21st year, this annual feature is a benchmark of excellence in the industry. Another highlight: the Research Roundtable looks ahead to 2012. This expert panel convenes annually to assess how market developments will play...
November 21, 2011
One Way to Protect Client Portfolios From EuropeEurope remains the biggest threat to U.S. economic growth. One solution: a trend-based managed futures fund.
November 21, 2011
Larry Summers: Three Ways to Combat Rising InequalityLawrence Summers, past president at Harvard University, Treasury secretary in the Clinton administration and economic advisor to President Barack Obama, took to the pages of The Washington Post on Monday to decry the growing gap between rich and poor. He then offered three suggestions that he claimed would help distribute...
November 21, 2011
If the Super Committee Fails to Act, Whither the Markets?With gridlock in Washington and continued European troubles, it looks like stocks will continue their highly erratic ways.
November 21, 2011
BondDesk’s New Partnership With Trade West Creates ‘Retail Supermarket for Bonds’BondDesk's deal with Trade West gives investors access to individual bond sales via third-party platforms that compete with the BondDesk automated trading system.