Economy & Markets
The important economic and stock market news that advisors need to know.
The Implications of Fed QE2 for Client Portfolios
By Chris ShayneThe FOMC decision makes it reasonable to expect the yield curve will stay near or below its current level for a little while longer.
November 02, 2010
The Hartford Reports Increased Income, AUM for Q3The Hartford reported Tuesday third quarter income of $666 million, up from a loss of $220 million one year ago.
November 02, 2010
Bank of Japan Considering ETFs and REITs to Promote ‘Risk-Taking Activity’Based on a slowing recovery and its impact on economic activity and prices, policy board members of the Bank of Japan members concurred that it was necessary for the bank to further enhance monetary easing.
November 02, 2010
Protectionism Block Seen as Doha BenefitIn a workshop on recent analyses of Doha attended by leading trade economists at the invitation of the WTO, a block on protectionism and its corresponding increases in tariffs was seen as potentially the biggest benefit from Doha's efforts to free up world trade.
November 02, 2010
AIG to Repay $37 Billion to U.S. After SalesAIG has raised a total of approximately $37 billion with which to repay the federal government after an IPO of AIA of Hong Kong and American Life Insurance Co. to MetLife, according to a report from NU Online News Service on Monday.
November 02, 2010
'Old Normal' S&P 500 Rally Beating 'New Normal': Was Ken Fisher Right?The controversy over 'new normal' continues to grow.
November 02, 2010
NYSE Euronext Beats Estimates, Reports Weakening SalesTransaction and clearing fees for the stock exchange were down 14.5% to $726 million in the third quarter
November 02, 2010
Treasury Releases Rates on I Bonds, EE BondsTreasury's Bureau of the Public Debt announced Monday earnings rates for Series I Savings Bonds and Series EE Savings Bonds, issued from Nov. 2010 through April 2011.