Economy & Markets
The important economic and stock market news that advisors need to know.
Fiduciary Next Steps, Earnings, the Fed and Obama’s Union: Advisor Briefing for the Week of Jan. 24, 2011
By James J. GreenThe State of the Union, Q4 earnings, the FCIC's final report and the FOMC meeting may all move markets this week.
January 23, 2011
Greens Split From Irish Government; Parties Demand Finance Bill PassageThe Greens, the junior coalition party in Ireland, withdrew from Prime Minister Brian Cowen’s government on Sunday, continuing the tumult with which the nation ended the week.
January 21, 2011
Emerging Market Confidence Outpaces Older EconomiesLatin American population most confident in economy, Europe least confident.
January 21, 2011
Berkshire’s Buffett to Step Down From Washington Post BoardThe Washington Post announced Thursday that Warren Buffett, who had served on its board for 37 years, would be stepping down after the end of his current term in May.
January 21, 2011
Spain to Partially Nationalize Banks; Euribor SoarsSpain is planning a partial nationalization of its savings banks, according to Friday reports, in an effort to reassure investors about a potential Ireland-style rescue.
January 21, 2011
Time to Get Out of Ag?Futures traders worry about peak prices amid food riots, extreme weather and a rise in petrodollars
January 21, 2011
2010 Q4 Earnings: BofA Misses Estimates; Merrill Adds AdvisorsWealth-management sales rise; Merrill Lynch's FA headcount increases to nearly 15,500.
January 21, 2011
2010 Q4 Earnings, Week One: Banks May See 30% EPS Growth, Says AnalystLarge banks performed better than expected in week one of Q4 earnings season, says Raymond James equity analyst Anthony Polini and other finance-sector observers.