Economy & Markets
The important economic and stock market news that advisors need to know.
Battle of Keynesians: Krugman Debates Summers on America’s Lost Decade
By Gil WeinreichHas America entered an era of persistent economic weakness like the two decades of stagnation Japan has faced since the collapse of its bubble economy in 1991?
November 15, 2011
Changes in Italy, Greece Fail to Reassure Markets in EuropeTrading in Europe on Tuesday showed that the presence of Prime Minister-designate Mario Monti in Italy, and new leader Lucas Papademos in Greece, has failed to reassure investors; stocks and the euro were both down.
November 15, 2011
Templeton’s Mobius: Europe Not a ConcernFranklin Templeton Investments Mark Mobius says Europe's debt crisis wont push the global economy into a recession because liquidity provided by central banks is fueling underlying demand.
November 15, 2011
Deficit Supercommittee: Are You Ready for More Political Football?Everything you wanted to know about the Congressional supercommittee, and when its recommendations need to be made.
November 14, 2011
EFSF Denies Reports of Own Bond PurchasesAfter a report by Britain's Sunday Telegraph that the European Financial Stability Facility had to resort to buying its own bonds when investors shunned them, the EFSF denied the report.
November 14, 2011
Wanna Beat the Market by 6.6%? Join CongressA new study published this year finds a 6.6% annual market-beating advantage for members of the House between 1985 and 2001. Rep. Nancy Pelosi scored a 203% multimillion-dollar return on an IPO at a time when ordinary investors lost 15%...
November 14, 2011
Buffett Won't Bail Out European Banks, Sees Partial RunWarren Buffett won't be bailing out European banks any time soon, nor does he foresee an early solution to the European debt crisis. In fact, according to the "Oracle of Omaha," Europe is in the midst of a partial run.
November 14, 2011
Vanguard Expert: Dividend-Paying Stocks ‘Are Not Bonds’As investors look to dividend-paying stocks for yields, an economist with Vanguard cautions them against substituting such investments for lower-volatility vehicles, like bonds