Economy & Markets
The important economic and stock market news that advisors need to know.
Forex: A Way to Play the Rise in Food, Energy Prices
By Gil WeinreichThe British pound and other currencies are an alternative means of investing, given today’s commodities shocks.
February 25, 2011
JP Morgan on Middle East: Long-Term Oil Volatility Likely; Yemen Next to FallOther projections: 4% global GDP growth still likely; 5%-8% returns from emerging markets; Saudis replacing lost Libya oil production
February 25, 2011
Author James Glassman’s Surprising Advice for Investment Success: The Weekend InterviewShort the U.S. economy, buy derivatives and reallocate to bonds? We better let him explain.
February 25, 2011
Furious Irish Voters to Oust Ruling Party Fianna FailVoters in Ireland on Friday are determined to oust Fianna Fail, the nation’s ruling party, to punish its members for the nation’s economic collapse, according to polls.
February 25, 2011
China Sets Tough New Rules for Bank CapitalThe China Banking Regulatory Commission has released a draft of some tough new regulations for the nation’s financial institutions aimed at helping to implement Basel III requirements.
February 25, 2011
Bank of England Official Calls for Interest Hike NowIn a speech he gave on Thursday in London, Andrew Sentance, a member of the Monetary Policy Committee of the Bank of England, called for a raise in interest rates now to forestall having to act in a more dramatic manner later.
February 25, 2011
ETF Sector Focus: Energy, Gold ETFs Attract Assets as Prices RiseInvestors poured $1 billion into energy-sector funds in the third week of February alone, while this week oil and gas prices increased.
February 24, 2011
Sluggish New-Home Sales Drag on Economy's GrowthSales of new U.S. homes plummeted in January, and businesses ordered fewer long-lasting goods. But the number of people applying for unemployment benefits has fallen over the past four weeks to the lowest level in two-and-a-half years.