Economy & Markets
The important economic and stock market news that advisors need to know.
ISM Shows December Growth Fastest Since May; Construction Spending Rises
By Christopher S. RugaberManufacturers produced more goods and booked more orders last month, leading to the fastest growth in factory activity since May, and construction spending also rose.
January 03, 2011
January Is Best Time to Talk to Clients: TD Ameritrade New Year’s SurveyStuart Rubinstein of TD Ameritrade noted that advisors should make talking to their clients their first New Year’s resolution.
January 02, 2011
GOP Push Cuts, No Raising of Debt Ceiling; Goolsbee Warns of DefaultAs Republicans on the Sunday talk shows talked of repeal of the health care law and drastic spending cuts, Austan Goolsbee, the chairman of the Council of Economic Advisers, warned against a failure to raise the country’s debt ceiling.
January 02, 2011
Greece Still Pushing for Euro BondsGreece’s Prime Minister George Papandreou said Friday that, despite Germany’s opposition to the proposal, Athens was still seeking support for common euro zone bonds.
January 02, 2011
Hungary to Assume EU Presidency Under CriticismJust as it is about to take over the presidency of the EU, Hungary is fielding critics from other nations in the bloc for its actions in consolidating power under Prime Minister Viktor Orban and his Fidesz party.
January 01, 2011
BlackRock Debuts Russia ETFBlackRock added to its menu of emerging market funds by unveiling a new ETF linked to Russian stocks. The iShares MSCI Russia Capped Index Fund (ERUS)…
January 01, 2011
Asset Allocation: January 2011In 2011, business leaders, policymakers, and investors will play important roles in shaping the investing environment.
January 01, 2011
Investing in Commodities and FuturesSome of the smartest investors realized years ago that commodities and financial futures belonged in their portfolios.