Economy & Markets
The important economic and stock market news that advisors need to know.
Boring No More
By Bob ClarkOver the past couple of years, retail portfolio management has undergone a self-examination not seen since the mid-1980s.
April 01, 2011
Portugal Bond Auction Buys TimePortugal held a snap auction of bonds on Friday to help it fund its second quarter. But while demand was strong, yields continued to rise, presenting a bleak outlook as Lisbon attempts to avoid the need to seek a bailout package.
April 01, 2011
Ireland Disappointed by ECB in Wake of Stress TestsIreland had hoped that the European Central Bank would announce a new funding plan on Thursday just after the results of stress tests on Ireland’s banks were made public.
April 01, 2011
Dow Has Best First Quarter Since 1998The Dow closed up 742.22 points, or 6.41%, in the first quarter of 2011 and was up three consecutive quarters and seven of the last eight.
April 01, 2011
The Demise of the Great American Middle ClassI spent the 1980-81 academic year at a graduate program in Bologna, Italy, under the aegis of Johns Hopkins University’s School of Advanced International…
April 01, 2011
Electric Utilities: Powered UpMichael S. Worms BMO Capital Markets Corp. 212-885-4031 [email protected] With the 4Q10 earnings season now complete, following are some of our perceptions…
April 01, 2011
India’s EmergenceIn recent years, India has emerged as a prime focus of interest for international investors. This interest has risen along with Indian share prices. The…
March 31, 2011
G20 Meeting in China Highlights Conflicts Over CurrencyFinancial leaders of the Group of 20 top economies appeared to reach informal agreement Thursday on the need for China's currency to have a wider role in global finance, but not as a substitute for the U.S. dollar.