Economy & Markets
The important economic and stock market news that advisors need to know.
As EU Presses Ireland, Greece Has '14 Days to Live'
By Marlene Y. SatterAs Ireland continued Tuesday to grab headlines over its financial crisis and world stocks dropped for a seventh straight day, fears over a looming Greek default took over broader worries in the euro community.
November 15, 2010
Corporate Debt Safer Than Euro Zone Sovereign DebtEurope's sovereign debt crisis has turned the region's credit markets upside down.
November 15, 2010
Institutional Assets Are Bouncing Back, the Conference Board Says2009 saw recovery to levels seen before the crisis, though asset mix differs.
November 15, 2010
Conservative Economists Call on Bernanke to Abandon QE2A who's who of conservative economists and pundits launched a campaign this week to urge Fed chairman Ben Bernanke to abandon plans to purchase $600 billion in assets.
November 15, 2010
Tiger 21 Investors Voice Investment ConcernsMembers cite 'political risk, inflation, deflation' as important risks
November 15, 2010
Retail Sales Rose in October Ahead of Holiday ShoppingEven before consumers begin their holiday shopping in earnest, U.S. retail sales in October posted their biggest increase in seven months, though the lion's share of that gain was in auto sales.
November 15, 2010
LPL (and GM) IPO; Lame Duck Congress Returns: Advisor Briefing for the Week of Nov. 15, 2010The big market moving--and advisor-related news--of the week concerns initial public offerings of LPL Financial, expected on Wednesday, Nov. 17, the same day that GM will launch its IPO.
November 15, 2010
APEC Pushes Free TradeA second summit meeting, that of the Asia-Pacific Economic Cooperation (APEC) group of 21 nations, held in the wake of the G20 meetings that ended Friday saw a similar tone: the current economic policies of the U.S. were not popular with China.