RIA News

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Recession predictions hit rough patch as economy perks up
RIA NEWS AUG 05, 2011
Recession predictions hit rough patch as economy perks up

Fourth quarter GDP growth could come close to 4 percent, experts say; 'too much pessimism'

By John Goff
RIA NEWS AUG 05, 2011
U.S. has likely dodged a double-dip: Economists

The U.S. has likely dodged a recession for now, even though it's too early to sound the all-clear for the economy.

By Mark Bruno
Massages and mortgages no basis for an economy: Zakaria
REGULATION AND LEGISLATION AUG 05, 2011
Massages and mortgages no basis for an economy: Zakaria

Foreign-policy guru says U.S. needs to invest in advanced manufacturing to create jobs; cheap overseas labor not going away

By Mark Schoeff Jr.
Pimco, Neuberger: Big bank debt a good bet
RIA NEWS AUG 05, 2011
Pimco, Neuberger: Big bank debt a good bet

Money managers at both firms say U.S. financial instituations can weather gathering storm in Europe

By John Goff
Birinyi not cowed by doom-and-gloom, says bull run still on
RIA NEWS AUG 05, 2011
Birinyi not cowed by doom-and-gloom, says bull run still on

Famed stock-picker says corporate earnings will trump troubles overseas; 'teenagers still going to buy iTunes'

By John Goff
S&P 500 near 900? Analysts see potential for big plunge
RIA NEWS AUG 05, 2011
S&P 500 near 900? Analysts see potential for big plunge

Bank of America analysts predict large-cap benchmark could drop as much as 21% before reaching floor

By John Goff
Gross' Total Return Fund not returning a big total
RIA NEWS AUG 05, 2011
Gross' Total Return Fund not returning a big total

Worst performance for Pimco flagship fund since at least 1995; 'way too much ... of the underperformers'

By John Goff
Krugman on economy: 'This is a very bad scene'
RIA NEWS AUG 05, 2011
Krugman on economy: 'This is a very bad scene'

State cutbacks and end of stimulus could add up to disaster, Nobel laureate says; pegs odds of worldwide recession at 50-50

By John Goff
Absent 'massive stimulus,' world headed for another Great Depression: Roubini
RIA NEWS AUG 05, 2011
Absent 'massive stimulus,' world headed for another Great Depression: Roubini

NYU professor Nouriel Roubini is worried again. This time, Dr. Doom says that without immediate 'massive stimulus,' the world is headed for a replay of the 1930s. And in that scenario, stocks are 'going to hurt big time.'

By John Goff
Double-dip looking more like a bump in the road
RETIREMENT PLANNING AUG 05, 2011
Double-dip looking more like a bump in the road

Fears of second economic downtown driven by fears, not fundamentals; 'bad things have not happened'

By John Goff
Rating cut working out just fine for U.S. Treasury
RETIREMENT PLANNING AUG 05, 2011
Rating cut working out just fine for U.S. Treasury

S&P's single-notch lowering of the U.S. sovereign debt rating was seen as a big blow to the Treasury market. Instead, worries about default on government debt has investors clamoring for -- yep -- government debt. The result? In an auction this week, taxpayers saved $647M.

By John Goff
RIA NEWS AUG 05, 2011
Investors Capital will subsidize FSI memberships for its advisers

The Financial Services Institute, the lobbying organization for independent broker-dealers, said Friday that it had picked up the support of advisers this week from sizable independent broker-dealer Investors Capital Corp.

By Bruce Kelly
Spooked clients junk investments in high-yield bonds
RIA NEWS AUG 05, 2011
Spooked clients junk investments in high-yield bonds

Investors in junk bond funds withdrew $2.1B from the funds -- in a single day. As one portfolio manager sayd: 'There's clearly a panic going on in the market.'

By John Goff
Looking for a sign? Insiders buying stocks like mad
RIA NEWS AUG 05, 2011
Looking for a sign? Insiders buying stocks like mad

Retail investors may be fleeing stocks, but corporate executives are purchasing shares of their companies like mad. This may be the surest sign of all the market freefall is near an end. | <a href=http://www.investmentnews.com/article/20110811/FREE/110819980>Bottom's up? Stocks on a tear</a>

By John Goff
Called 'idiotic' by Kenneth Fisher, Pimco's 'new normal' spot on
RIA NEWS AUG 05, 2011
Called 'idiotic' by Kenneth Fisher, Pimco's 'new normal' spot on

Prediction of slow growth and high unemployment validated by yesterday's Fed announcement

By John Goff
Buying stocks now will prove to be 'uniquely rewarding experience:' Wilbur Ross
RIA NEWS AUG 05, 2011
Buying stocks now will prove to be 'uniquely rewarding experience:' Wilbur Ross

Billionaire going bargain hunting amid market turmoil; knows a thing or two about distressed assets

By John Goff
Where will the S&P 500 wind up this year? Top strategists offer surprise answer
RIA NEWS AUG 05, 2011
Where will the S&P 500 wind up this year? Top strategists offer surprise answer

If these Brainiacs are right, now would be a very good time to start buying equities

By John Goff
Downgrade? Buffett says U.S. merits AAAA rating
LIFE INSURANCE AND ANNUITIES AUG 05, 2011
Downgrade? Buffett says U.S. merits AAAA rating

Warren Buffett roundly disagrees with S&amp;P's lowering of Uncle Sam's credit rating, stating that the United States deserves 'quadruple A' status.

By John Goff
2008 all over again? Stocks plummet
RIA NEWS AUG 05, 2011
2008 all over again? Stocks plummet

The downgrade of the U.S. credit rating sent investors stampeding out of equities today. What classifies as a 'stampede'? The Dow was down 632 points.

By John Goff
Jobs report surprises to the upside
RIA NEWS AUG 05, 2011
Jobs report surprises to the upside

Employers added more jobs than forecast in July, the jobless rate fell and wages climbed, easing concern the U.S. economy is grinding to a halt.

By Mark Bruno