Economy & Markets
The important economic and stock market news that advisors need to know.
Top 10 Terrible Predictions About Economy
By Dan BermanOn 11/11/11, while the world still exists despite some predictions otherwise, a review by AdvisorOne of 10 terrible predictions about the markets and the economy.
November 10, 2011
Europe in Disarray as Contagion SpreadsAs both Italy and Greece fumbled with successor governments, worries over officials failure to find a solution to the debt crisis spread contagion to Italy, where bond yields broke records.
November 10, 2011
New Hire Roundup: Fidelity Names Presidents, SIFMA Gains President and Board MembersThis week in new hires, Fidelity Asset Management announced two new presidents in its fixed income division and SIFMA announced its new president and board members.
November 09, 2011
Voters Send Mixed Messages on Financial MattersVoters across the nation on Tuesday passed judgment on a variety of financial measures from labor laws to alcohol sales to sales taxes. The results offered no clear-cut consensus.
November 09, 2011
More Fannie and Freddie Trouble as Loan Delinquencies Show Surprising RiseLoan delinquencies are on the rise again for the first time since the end of 2009, an ominous sign for a housing market that has yet to gain its footing in a battered economy.
November 09, 2011
Jon Sundt of Altegris on New Fund With Gundlach: Schwab Impact VideoAltegris' CEO talks about the new managed futures combined with fixed income fund the firm has launched, using managers including Jeffrey Gundlach of DoubleLine Capital.
November 09, 2011
Greece, Italy Face Shifting GovernmentsThe financial crisis that brought down the leaders of both Greece and Italy is not finished with the nations yet. The two Mediterranean states must now focus on who will lead their new governments through the turmoil of their debt crises.
November 09, 2011
Eurozone Banks Boost Capital by Redefining RiskSome Eurozone banks are redefining risk in order to meet capital requirements. Many officials and banking experts say the practice is legal but undermines the goal of ensuring the financial institutions are healthy.