Economy & Markets
The important economic and stock market news that advisors need to know.
German Economy Grows By 3.6%
By John SullivanStrong domestic demand, rebound in exports cited as cause.
January 13, 2011
ECB, England Leave Rates Unchanged Despite Inflation PickupThe European Central Bank left its main interest rate unchanged on Thursday then warned that inflation may remain above its target for months to come.
January 13, 2011
Spain, Italy Sell Bonds to Strong DemandApparent confidence in the ability of the euro zone to combat its ongoing debt crisis marked the first auction for the year of Spanish and Italian bonds on Thursday.
January 12, 2011
Fed Beige Book: Economy Ends 2010 Well, but Risks LoomThe U.S. economy ended last year on an encouraging note, with all parts of the country showing improvements, the Fed's Beige Book survey stated.
January 12, 2011
Portugal Bond Sale Goes Well, Yield DropsPortugal got two pieces of good news after its Wednesday auction of its 10-year bonds: buyers were eager to scoop them up and the yield dropped.
January 11, 2011
The Volatile Ride of Closed-End Funds in 2010But a healthy increase for the year—to $5.9 billion—in closed-end fund IPOs.
January 11, 2011
Ho, Ho, Ho Hum: Despite Rising Yields, Bond Trading Stayed LowInvestors seemed to be more concerned with their holiday plans than their bond portfolios in December.
January 11, 2011
Ken Fisher: U.S. Blue Chips Will Top World MarketsBillionaire investor Kenneth Fisher says the biggest U.S. companies will lead global stocks in 2011, even as returns diminish after a 21-month bull market.