Economy & Markets
The important economic and stock market news that advisors need to know.
Fed’s Bernanke Defends QE2, Slams China in Frankfurt Speech
By Marlene Y. SatterChina came in for plenty of criticism in a speech by Fed Chairman Ben Bernanke at a European Central Bank conference in Germany.
November 18, 2010
Outlook 2011, Investing: Big Payoff From High-Dividend Stocks, MFS SaysU.S. stocks will rally in 2011, with an especially strong performance among high dividend-payers, a group of MFS Investment Management strategists predicted.
November 18, 2010
Ireland Steps Back From Brink as Bailout ExpectedIreland's situation, which had grown more tenuous as fears spread of default, eased on Thursday, as Patrick Honohan, Ireland's central bank governor, said he expected loans of "tens of billions" of euros.
November 18, 2010
LPL IPO: Trading Comes as Deals Flood the MarketIn the week that LPL Financial has launched its IPO, the financial services IPO market has returned to a position of strength after passing through an unwelcoming summer period.
November 17, 2010
Distinguished Group of Former Politicians Calls for Deep CutsA bipartisan group of budget experts unveiled a bold plan to curb the deficit and overhaul the tax code Wednesday.
November 17, 2010
Ireland Teeters on Brink as Greek Deadline NearsIreland's situation grows more tenuous as fears spread of default, with Ireland still insisting it does not need outside assistance and the EU finance ministers agreeing Wednesday to prepare with the IMF for a bailout of the country.
November 17, 2010
Small Business Owners Expect Rebound in Second Half of 2011A survey released Nov. 11 by Administaff found almost half of small business owners don't expect the economy to rebound until the end of next year.
November 17, 2010
BondDesk’s Shayne: EU Troubles With Ireland May Mean Lower Yields in U.S.Between Ireland and Greece, the EU has its hands full trying to stave off potential disaster for the euro and the union, but BondDesk's Chris Shayne says it's too early to tell how it'll influence U.S. Treasuries.