Economy & Markets
The important economic and stock market news that advisors need to know.
IMF Looks for Quick Succession to Strauss-Kahn
By Marlene Y. SatterAs a G8 summit nears next week, European leaders are looking for a quick nomination to succeed Dominique Strauss-Kahn as head of the IMF.
May 19, 2011
Why We’re Going to China: FPA’s Moisand, Salmen Explain Their Goals, Part IIThe FPA’s delegation leaders tell AdvisorOne what they hope to accomplish on a landmark trip to China. In Part II, Chinese markets and consumers.
May 19, 2011
Why We’re Going to China: FPA’s Moisand, Salmen Explain Their Goals, Part IThe FPA’s delegation leaders tell what they hope to accomplish on a landmark trip to China. In Part I, the impetus and goals of the trip, and the role of financial planning worldwide.
May 19, 2011
Strauss-Kahn Steps Down as IMF ChiefIn the wake of pressure to step down, Dominique Strauss-Kahn, the head of the International Monetary Fund (IMF), has resigned his position. Now the issue of prominence is who will succeed him and preside over the ongoing debt crisis in Europe.
May 18, 2011
Forget Schwarzenegger Scandal, California Tax Receipts Ease Budget BluesWith Arnold Schwarzenegger's "love child" scandal grabbing California's, and the country's, attention, the bigger news for the state of the former governor, which got somewhat trampled, was it's brightened budget picture.
May 18, 2011
Why A Weaker Dollar, Stronger Stocks Go Together (For Now)Although there is no historical relationship between the dollar and the direction of stocks, these two assets have recently been moving in opposite directions.
May 18, 2011
Geithner Pushing for Strauss-Kahn to Quit IMFDominique Strauss-Kahn, head of the IMF arrested on charges of sexual assault, was pressured to quit Wednesday by Treasury Secretary Timothy Geithner.
May 18, 2011
IMF Warns Greece: Reform or RestructureAccording to an IMF envoy monitoring Greece’s progress in implementing reforms to drive down its debt, those reforms aren’t coming fast enough and that could have dire consequences for Athens.