Economy & Markets
The important economic and stock market news that advisors need to know.
Tax Cut Deal: Sanders’ Filibuster; Clinton’s Defense; Democrats’ Anger
By Marlene Y. SatterIn the wake of President Obama’s deal with Republican lawmakers regarding the negotiated package centering on the Bush tax cuts and an extension of unemployment benefits, protest was loud and long on the Democratic side of the aisle.
December 09, 2010
How to Get Back Into the Market Without Feeling Like a SuckerScared investors fled the markets in droves since the economic downturn. The faint of heart left in late 2007; others threw in the towel at various points in 2008; the unluckiest gave up in March of 2009, at the market bottom.
December 09, 2010
Outlook 2011: Personal FinanceThe forecast for personal finance in 2011 is partly cloudy for U.S. consumers but sunny for stock investors, said analysts on Wednesday at a Thomson Reuters panel talk.
December 09, 2010
Outlook 2011, Personal Finance: Investors See Sun, Consumers Some CloudsThe forecast for personal finance in 2011 is partly cloudy for U.S. consumers but sunny for stock investors, said analysts on Wednesday at a Thomson Reuters panel talk.
December 09, 2010
Bank of England Holds Rates SteadyThe Monetary Policy Committee of the Bank of England voted Thursday to hold interest rates paid on commercial bank reserves unchanged at 0.5%.
December 09, 2010
Grinch Takes a Holiday as More Company Bonuses, Parties Are GivenCall it a Christmas miracle; more companies are offering their employees bonuses and other holiday perks this year, CareerBuilder.com announced Wednesday.
December 09, 2010
Fitch Slashes Ireland’s Rating; 2 Banks to Offer Restructuring PlansFitch Ratings on Thursday dropped Ireland’s credit rating from A+ to BBB+, citing the costs of the banking system restructure and support, as well as ongoing contingent liabilities.
December 08, 2010
Envision Capital’s Cohen: Beware! The Bond Vigilantes Are HereIt seems like just a couple of months ago that 10-year-bond yields were at 2.38%. Oh, yes. It was exactly two months ago. So what happened since Oct. 8?