Economy & Markets
The important economic and stock market news that advisors need to know.
Obama, Hu Square Off Over Yuan, Trade
By Marlene Y. SatterAfter a summit meeting with Asia-Pacific leaders in Hawaii on Sunday, Obama said that China must do more, and more quickly, to allow the yuan to rise in value, because other countries feel enoughs enough.
November 13, 2011
Gold: Worth the Risk?Gold has many attributes that investors want, and it has been one of the few assets to deliver positive returns consistently since 2005.
November 13, 2011
Top Portfolio Products: Fidelity Launches Two Funds; Highland Premieres OneAdams Express distributes 6%; Security Benefit debuts new fixed annuity
November 11, 2011
Top 5 Small Cap Mutual FundsMarket volatility has been especially hard on small cap managers of late, but Investing 101 dictates that what goes down must come up, and the steeper and deeper in, often (but not always) means the steeper and higher out.
November 11, 2011
Bernanke Meets With Vets, Notes Depressing Jobless ProblemOn the eve of Veterans Day, Fed Chairman Ben Bernanke hosted a town hall meeting at Fort Bliss, Texas, that was largely attended by past and present military personnel and their families.
November 11, 2011
Strong Yen Puts Foreign Companies in Easy Reach of Japanese InvestorsWhile most economic commentators portray the strong yen as a fundamental problem for Japan, portfolio manager Drew Edwards of Advisory Research Funds says the Japanese have proven themselves adept at adjusting to a stronger currency.
November 11, 2011
Boomers Look to Create Jobs, Meet Community NeedsA sizable number of American baby boomers are considering starting businesses or nonprofit ventures over the coming decade, according to new research by a think tank on boomers, work and social purpose.
November 11, 2011
Lawmakers Push Financial Transaction Tax as Deficit Deadline NearsWith only two weeks left to reach a deal, lawmakers supporting the bill that would levy a tax on financial transactions urged the Joint Select Committee on Deficit Reduction in a Nov. 8 letter to adopt their proposal.