Economy & Markets
The important economic and stock market news that advisors need to know.
Boehner Demands Obama Cut Spending to Get Debt Limit Deal
By Marlene Y. SatterHouse Speaker John Boehner said Monday night that President Obama must agree to more than $2 trillion in spending cuts in exchange for a vote to increase the debt ceiling enough to cover U.S. obligations through the end of next year.
May 09, 2011
Latest Greece Downgrade Brings Country in Line With BelarusComparison to Cold War stalwart does little to reassure foreign investors.
May 09, 2011
EU May Lower Bailout RatesThe European Union is considering lowering the interest rates on bailout loans for both Greece and Ireland, and is also putting together a second rescue package for Greece in an effort to stave off debt restructuring.
May 09, 2011
Is Inflation on the Way? Advisor Briefing for the Week of May 9, 2011Top market-moving news this week: measures of inflation, along with multiple congressional hearings.
May 06, 2011
AALU Speaker: Expect to See More of ObamaThe U.S. economy seems to be on the mend and, barring unforeseen developments, Barack Obama appears to be the favorite to win the 2012 presidential election.
May 06, 2011
AALU Speaker: Expect to See More of ObamaThe U.S. economy seems to be on the mend and, barring unforeseen developments, Barack Obama appears to be the favorite to win the 2012 presidential election.
May 06, 2011
Goldman Sachs’ Don Gervais on N-11’s Potential to Rival G-7: Weekend InterviewTo gauge the various factors influencing international markets today and where the best investing opportunities are today, AdvisorOne spoke recently with several experts, including Don Gervais, global head of the fundamental equity product management for Goldman Sachs Asset Management.
May 06, 2011
Oil Prices Still FallingAnalysts struggled to find reasons for the steep fall of oil on Thursday that continued on into Friday.