Economy & Markets
The important economic and stock market news that advisors need to know.
Emerging Markets Debt and the PIGS
By Kate McBrideDoubleLine Fund's Luz Padilla speaks about the emerging markets and a bit about concerns with PIGS.
November 17, 2010
Putnam CEO Reynolds Calls for a 'New Solvency'Putnam's Reynolds: If the U.S. does not move to a new economic model, the global markets will force change "in ways much more painful than anything" the Deficit Reduction Commission proposed.
November 17, 2010
A European QE? Why the Euro, and Maybe the EU Itself, Is in DangerJames Dailey says the current troubles with Greek and Irish sovereign debt mark "the end of Bretton Woods II," and he suspects that the European Central Bank, "with the Chinese and the Fed, will do a version of quantitative easing to bail out the banking sector in Europe."
November 17, 2010
A European QE? Why the Euro, and Maybe the EU Itself, Is in DangerJames Dailey says the current troubles with Greek and Irish sovereign debt mark "the end of Bretton Woods II," and he suspects that the European Central Bank, "with the Chinese and the Fed, will do a version of quantitative easing to bail out the banking sector in Europe."
November 17, 2010
A European QE? Why the Euro, and Maybe the EU Itself, Is in Danger. Looking at the long-term trends, says James Dailey, the current troubles with Greek and Irish sovereign debt mark "the end of Bretton Woods...
November 17, 2010
The DOL’s DC Fiduciary Shift, and the SEC’s on Munis: Connecting the Advisor Tea LeavesThe increased awareness of the fiduciary duty resulting from financial re-regulation is already having visible effects on DC plans and muni bond advisors.
November 16, 2010
Rangel Convicted of Ethics ViolationsDemocratic Representative Charles Rangel, Congress's former chief tax writer, was convicted by a congressional panel on Tuesday.
November 16, 2010
Senate Banking Committee Confers on New Fed GovernorThe Committee on Banking, Housing, and Urban Affairs will meet Tuesday to discuss the Dr. Peter A. Diamond's nomination to the Board of Governors to the Federal Reserve.