Economy & Markets
The important economic and stock market news that advisors need to know.
PIMCO’s McCulley Offers Support of Bernanke, QE2
By Janet LevauxPaul McCulley argues for the Fed's latest move as PIMCO plans new ETF, sees $56 billion in inflows.
November 10, 2010
Import-Export Prices Rose in October; Jobless Claims Down in WeekA week after the midterm elections and the Fed's decision to pump more money into the economy, reports on import and export prices and jobless claims don't reflect the new reality.
November 09, 2010
PIMCO's Gross: Is Bull Market in Bonds Over?PIMCO's Bill Gross says the Fed's actions will likely be the 'end of a great 30-year bull market in bonds.'
November 09, 2010
Small Business Owners More Optimistic in October: NFIB IndexAn index measuring the optimism of small business owners jumped 2.7 points, to 91.7--"not a huge move, but at least a decent jump," according to the National Federation of Independent Business on Tuesday.
November 09, 2010
At Retirement Income Symposium, How Your Peers Deliver Income to ClientsTwo practitioners and an executive driving a broker-dealer's comprehensive retirement planning platform took the stage at the 3d annual Retirement Income Symposium in Chicago on Monday afternoon, sharing with their peers their disparate yet similar approaches to how they produce income for clients in retirement.
November 08, 2010
America's Problem: A Deficit of ImaginationBy the time you read this column, the 2010 midterm elections will have passed. If the predictions of political commentators and polling outfits bear fruit, the results will be what you now know