Economy & Markets
The important economic and stock market news that advisors need to know.
Bankmageddon: All Eyes on Europe as Bank Stress Tests Loom
By Gil WeinreichSigns that banks are less willing to lend to one another raise specter of Euro-Lehman crisis.
July 13, 2011
FOX Survey: HNW Families Confident in Economy and Financial MarketsHNW families expressed more confidence in the economy and financial markets even as they pursue more conservative investment strategies, a FOX survey finds.
July 13, 2011
Fed's Bernanke Floats Possibility of QE3Despite comments to the contrary made as recently as June 22, the Federal Reserve is ready to ease monetary policy if the economy weakens further, according to comments made Wednesday by Ben Bernanke.
July 13, 2011
China Set to Stress-Test BrokeragesChina plans stress tests for brokerages to protect its financial markets.
July 13, 2011
Ireland Slashed to Junk; EU Considers Greek DefaultMoody's downgraded Ireland's debt to junk status as the EU pondered options to deal with the crisis in Greece.
July 12, 2011
Economic Growth Forecasts Augur Offshore ExposureA recent slump in U.S. growth rates has started to spook investors again, prompting domestic indices to fall precipitously on Monday.
July 12, 2011
States Move to Tap Into Shale Deposit; Environmentalists BalkStates consider following Pennsylvania's lead in allowing drilling in to huge shale deposits to extract fuel.
July 12, 2011
Chinese Lending Gains MomentumEfforts by China failed to slow down loans given by banks in the second quarter.