Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Debt Limit Deadline Extended by Treasury Maneuvers
By John SullivanArrival of so-called ‘Debt Ceiling Day’ finds politicians far from a deal.
May 13, 2011
Earnings: Nationwide, FBL, IHC, American Independence, Hooper Holmes, EbixSeveral more companies in the life insurance industry and related industries released earnings this week.
May 13, 2011
Currencies & Strategy: A Tale of Two ForecastsThe best approach is to maintain a globally diversified equities portfolio along with a healthy mix of hard assets, such as commodities and real estate.
May 13, 2011
Nobel Economist Stiglitz Accuses Budget Hawks of ‘Deficit Fetishism’The Nobel Prize winner argues austerity measures limit growth; message aimed for Brussels or Washington?
May 13, 2011
J.P. Morgan Seeks Gold in Afghanistan, as China Has Head StartGeography and ideology have kept Afghanistan isolated and its resources unplumbed; however, that may be about to change, if Ian Hannam and J.P. Morgan Capital Markets have anything to do with it.
May 13, 2011
Euro Zone Economies Show Wide Growth GapGermany and France boosted euro zone growth considerably more than expected during Q1, while poorer nations in the 17-country group fared far less well.
May 13, 2011
Gold, Silver Rise as Commodities IncreaseGold and silver both continued their upward climb, joined by other commodities, in early European trading on Friday. Prices were fueled by a decrease in the value of the dollar, encouraged by news of growth in euro zone economies.
May 12, 2011
U.S. Global's Derrick Sorts Through Emerging Markets: Weekend InterviewSome emerging markets could outperform more developed ones due to higher commodity prices, a weak U.S. dollar and other factors, Derrick says.