Economy & Markets
The important economic and stock market news that advisors need to know.
Options Expiry Fells Silver; Metal Regains Ground
By Marlene Y. SatterAhead of an options expiry later in the day on Tuesday, silver lost some of the wild gains it had recorded on Monday, when it courted record territory from 1980 and fell short by only $0.17.
April 25, 2011
Goldman Sachs Asset Management Chief Urges More Exposure to BRICGoldman Sachs Asset Management Chairman Jim O’Neill on Saturday urged investors to get more exposure to the growth markets of the BRIC economies.
April 25, 2011
Accounting, Finance Workers Less Confident: SurveyEven though overall confidence in the economy has improved among accounting and finance employees, fewer of them are confident about available opportunities within their own field. So say the results of a survey released on Monday by The Mergis Group, the professional placement division of SFN Group, Inc.
April 25, 2011
2011 Q1 Earnings Analysis: LPL, J.P. Morgan Strategists Eye Finance SectorTwo weeks into Q1 2011 earnings season, a pattern is emerging: it’s all about slow, post-recession rebuilding, say strategists including JPMorgan's David Kelly.
April 25, 2011
Performance of Corporate Earnings Strong in Q1, Glenmede Analyst SaysCorporate earnings appear stronger than last quarter, says Glenmede's Jason Pride.
April 25, 2011
Bill Gross Losing to Bond Dealers as Treasuries' Outlook GainsThe world’s biggest bond dealers dispute Bill Gross’ assertion that the $9.13 trillion market for U.S. Treasuries offers little value.
April 25, 2011
Silver, Gold Still RisingThe fever for precious metals still raged Monday as silver recorded gains of more than 5% in early trading, with gold sharing in the dizzying climb as it set yet another new record.
April 25, 2011
Bernanke Meets the Press: What’s Next for the Fed?—Advisor Briefing for the Week of April 25, 2011Market-moving news of the week: big oil earnings, but FOMC meets followed by Chairman Bernanke's inaugural press conference.