Economy & Markets
The important economic and stock market news that advisors need to know.
How to Handle Volatile Commodities: Advice From LPL, S&P, Goldman
By Joyce HansonInvestment advice from Goldman Sachs, ETF Securities, Standard & Poor’s, LPL Financial and WFS Funds on how to handle the volatile commodities markets.
May 12, 2011
China Raises Reserve Ratios Despite Slowing EconomyThe increase is the eighth since October, and follows Wednesday's report that April's inflation figure came in at 5.3%, considerably higher than the Chinese government's target of an average of 4% for the year.
May 11, 2011
EU Reviews Greece Debt Reduction, as Workers StrikeAthens saw the arrival on Wednesday of inspectors from the European Union (EU) and the International Monetary Fund (IMF), who came to conduct a review of Greece's efforts to combat its rising debt and determine whether the country will receive the next aid tranche in its rescue package.
May 11, 2011
Gold, Silver Rise on China NewsNews from China fueled the rise for the fourth day in a row in gold prices, while silver looked to be heading for its strongest weekly gains in two years.
May 11, 2011
At Summit Meeting, China to Allow U.S. Asset Managers to Sell Mutual FundsThe second largest economy in world pledges to allow foreign banks to underwrite bonds, sell some insurance products.
May 11, 2011
Warren Buffett, Halle Berry, Alan Greenspan, Conan O’Brien: Favorite ‘Unexpected’ Musicians—SlideshowWarren Buffett does it. So do Halle Berry and Gwyneth Paltrow. What do these people all have in common, besides being famous? Musical talent, and being America's favorite “unexpected musicians.”
May 11, 2011
Setting Up Employees to Fail: A Warning to Advisory Firm OwnersIf you want a job done right, take the time to give an employee all the information they need to do so.
May 10, 2011
Sen. Max Baucus: Keep Social Security Out of Deficit Reduction PlanAt a Senate hearing, Baucus says that by law, ‘Social Security must remain separated from the rest of the Federal budget.’