Economy & Markets
The important economic and stock market news that advisors need to know.
Bad News, A Bullish Wall of Worry and Sell Signals
By Simon MaierhoferA VIX below 20 does not build a wall of worry.
March 07, 2011
Euro at 4-Month High on Interest Rate PromiseThe implied promise of a rate hike by the European Central Bank in April sent the euro soaring on Monday to more than $1.40, as investors welcomed signs that the ECB would take more direct steps to deal with inflation.
March 07, 2011
Moody’s Cuts Greek Debt Three Notches, Threatens Additional CutsMoody’s Investors Service on Monday slashed Greece’s credit rating three notches, from Ba1 to B1, and added that further cuts might be in the works if it cannot reduce its debt. T
March 07, 2011
Where the Opportunities Are in Stocks, Bonds and the DollarOne advisor surveys the markets, and looks favorably on TIPS, oil, gas and silver, among others.
March 07, 2011
Schwab RIA Survey Shows Increasingly Optimistic Advisor OutlookA Schwab survey of RIAs released Monday clearly shows advisors are more optimistic about the economy, said Bernie Clark, head of Schwab Advisor Services.
March 07, 2011
A Few Rational Words on MunisThe New York Times has had a number of interesting articles on the current state of the muni market that may be of use to advisors and their clients.
March 07, 2011
Taxes and Fed Nominees; Galleon, SEC Budget and Oil: Advisor Briefing for the Week of March 7, 2011Congress holds hearings on everything from reforming the tax code and the SEC’s 2012 budget to grilling nominees for a Fed governorship and White House economic posts, while the markets will continue to watch the situation in Libya and the Mideast.
March 04, 2011
PIMCO’s Gross Urges Lawmakers to Cut Deficit, but Not Too QuicklyMoving too fast will stifle economic recovery, Gross says.