Economy & Markets
The important economic and stock market news that advisors need to know.
Welcome to the AdvisorOne Daily Wire Newsletter
By James J. GreenSeptember 20 marks the premiere of the Daily Wire, the daily newsletter from AdvisorOne.com.
September 19, 2010
Gold Rises on Fears Even as Markets Poised to SoarEven though gold set new records on Friday, there was hope among U.S. investors that the S&P 500 would break 1,130 next week if there were even a hint of good news from the Fed.
September 19, 2010
Maritime Savings Becomes 125th Bank to Fail This YearThe Maritime Savings Bank in West Allis, Wisc., was closed Friday by the FDIC.
September 19, 2010
Anniversary of Lehman’s Collapse Brings Praise for TARP BailoutOn Sunday, the second anniversary of the collapse of Lehman Brothers, analyst Fareed Zakaria on CNN's GPS said that TARP prevented the economy from being in far worse shape.
September 18, 2010
Renaissance Capital’s Kathy Smith on When the IPO Pipeline Will Thaw: The Weekend InterviewWhen will the IPO tap thaw? Soon, says Renaissance Capital Principal Kathleen Shelton Smith, but only after we're fully into the back-to-work fall season and company executives feel more confident about where they're headed in terms of taxes, regulation, and health care.
September 17, 2010
SEC, CFTC Hear Testimony on New Rules Governing SwapsAdvisorOne.com's sister publication, FuturesMag.com, reported Thursday on the Securities and Exchange Commision (SEC) and the Commodity Futures Trading Commission's (CFTC) joint roundtable discussion as the two regulators move to start writing rules governing swaps.
September 17, 2010
Stocks Inch Higher for the Day and Week; Consumer Confidence Drops, CPI Stays FlatConsumer confidence fell in September even though consumer prices remained mostly flat in August, and that mixed data released Friday left stocks range-bound in typically lackluster trading.
September 17, 2010
Unemployment: Where Does Your State Rank?A state-by-state analysis of the Bureau of Labor Statistic's most recent unemployment numbers show states considered to be "rural" are close to, or in, full employment. North and South Dakota, Nebraska, New Hampshire and Vermont recorded the lowest unemployment rates, ranging from 3.6% to 6%.