Economy & Markets
The important economic and stock market news that advisors need to know.
Top 5 Reasons Why U.S. Bonds Are Still a Good Bet
By Joyce HansonThe United States reputation for backing its debt with a full faith and credit guarantee was tarnished by the S&P downgrade, but a beneficiary of the negative market sentiment was the very same asset class that caused the selloff in the first place: U.S. Treasuries.
August 09, 2011
China Inflation Rate Is Fastest in Three YearsChina's inflation rate for July hit 6.5%, its highest in three years, despite Beijing's best efforts to control it through required reserves for its banks and increased interest rates—five just since October.
August 09, 2011
The Perils of PrognosticationStrategists from most Wall Street experts predicted 10-12% market growth for 2011 while only two called for minor declines.
August 08, 2011
Is the Latest Greek Bailout Just Delaying the Inevitable?The latest Greek bailout is just a bandage for its ever-increasing debt.
August 08, 2011
Special Market: Selling DI to Military DoctorsAs many of you may know, it can be challenging to provide a disability estate plan for a military doctor.
August 08, 2011
Special Market: Selling DI to Military DoctorsAs many of you may know, it can be challenging to provide a disability estate plan for a military doctor.
August 08, 2011
Market Update: Stocks Crushed on Downgrade, Recession FearsDow falls 5.5%, and S&P 500 was down 16% over last 11 sessions, but Warren Buffett was buying.
August 08, 2011
Stocks Plummet on Downgrade, as Obama Defends AAA; Market Gurus El-Erian, Rogers Weigh InWhile global markets plummeted Monday after Fridays downgrade of U.S. debt, Obama said U.S. credit was among the best in the world; several market experts also gave their opinions.