Economy & Markets
The important economic and stock market news that advisors need to know.
Silver Rebounds, Carries Gold
By Marlene Y. SatterAfter its biggest one-day fall since 1980 on Thursday, Friday saw silver bouncing back and carrying gold along with it as the two precious metals regained some lost territory.
May 05, 2011
Portfolio Fix: For Retirement Income, Floating Rate Bond Funds?With yields down and inflation looming, these fixed income mutual funds are worth a look.
May 05, 2011
Bernanke: Regulators Challenged in Spotting RiskRegulators must better understand threats to the financial system to be able to prevent another crisis, Federal Reserve Chairman Ben Bernanke acknowledged Thursday.
May 05, 2011
Trends in Recruiting—Mark Elzweig Looks at Current Deals BDs Are Offering FAs: VideoIn this 4-minute video, veteran Wall Street recruiter Mark Elzweig discusses with AdvisorOne's Gil Weinreich how to differentiate competing firms and the benefits of establishing a relationship with a recruiter.
May 05, 2011
Q2 Outlook: Artio, LPL, BlackRock Predict Stock Dip; J.P. Morgan, S&P Eye QE2Outlooks from Artio, BlackRock and LPL Financial show expectations for a slower Q2 in stocks, and the end of the Fed's QE2 has JPM and S&P taking opposite views.
May 04, 2011
Oil Prices Fall on Supply Increase, Weak Demand; Economic Reports DisappointOil dropped below $110 per barrel Wednesday after a government report showed that supplies of petroleum products are growing as demand weakens in the U.S. Industry reports on the job market and the service sector also raised concerns about the health of the U.S. economy.
May 04, 2011
Barclays Wealth Says Equities, Developed Markets Still Good BetSaying that the global economy continues to move in the right direction in spite of some U.S. gloom, Barclays Wealth issued recommendations on Wednesday that included buying equities, particularly in developed markets, and looking for Chinese stocks.
May 04, 2011
Portugal Bailout Terms Likely to Cause RecessionA three-year agreement was reached for a bailout for Portugal, Prime Minister Jose Socrates announced late Tuesday, but the terms are harsh.