Economy & Markets
The important economic and stock market news that advisors need to know.
Asia Is in Scary Stall, U.S. a Worrisome Sputter
By Gil WeinreichSlowdown in Asia is an ominous sign for sickly U.S. and Western economies.
June 01, 2011
PIMCO's Gross: Bond Investors Are Like Boiling FrogsWhat do bond investors and boiling frogs have in common? Bill Gross thankfully answers the question.
June 01, 2011
Putnam Named Sub-Advisor of Two Fixed-Income FundsThe Boston-based fund shop will do the work for Mackenzie Investments, another affiliate of Power Financial Corporation of Canada.
June 01, 2011
Sex, Money, Advisors and Distrustful Clients: Searching for Alpha for June 2011A recent article in Der Spiegel explores why Germans seem more willing to discuss the most intimate details of their sex life than money.
June 01, 2011
China to Clear Off Billions in Local Government DebtChina's regulators intend to move 2-3 trillion yuan ($308-463 billion) of debt off the books of local governments, paying off some and forcing some of its "Big Four" banks to absorb some losses.
June 01, 2011
Citigroup to Form Securities Venture in ChinaCitigroup plans to sign a joint venture agreement to launch a securities firm in China in June, it was reported on Wednesday, as it seeks to insert itself into the thriving capital market atmosphere there.
June 01, 2011
The China Syndrome: What Will We, and the FPA, Learn in China?Ever the skeptic on the benefits of the globalization of financial planning, Bob Clark admits he might be wrong this time. Maybe.
June 01, 2011
FPA in China: How the Chinese Invest Now and for RetirementChinese investors seek high returns but with low risk; real estate a primary vehicle in a nascent financial services environment