Home Breadcrumb caret Industry News Breadcrumb caret Industry Stimulus rumors stoke U.S. markets U.S. stocks rose on speculation the government would engage in a fresh round of stimulus spending, while the Federal Reserve elite prepare to meet in Jackson Hole, Wyoming to discuss whether QE2 did in fact have the desired effect on the economy. By Staff | August 22, 2011 | Last updated on August 22, 2011 1 min read U.S. stocks rose on speculation the government would engage in a fresh round of stimulus spending, while the Federal Reserve elite prepare to meet in Jackson Hole, Wyoming to discuss whether QE2 did in fact have the desired effect on the economy. With gold surging to yet another record high, investors will certainly need some coaching through the turbulent times. Your job’s hard right now, but it is an opportunity to make connections with your most engaged clients. And, if things dip again, remind clients there’s a relatively new set of circuit breakers in place – installed in response to last year’s flash crash – to tame a full-scale market route. For those needing a refresher, here’s a good piece on how circuit breakers would be deployed to slow panic selling. Many economists are starting to point to housing as the lynchpin in formulating a true economic recovery. Today’s New York Times editorial points to the need to help owners stay in their homes by restructuring payment schedules. Also on the recovery front, the Obama Administration is struggling with reluctance by large U.S. employers to provide statistics about how many of the workers are domiciled in the U.S. Part of the soon to be released jobs creation initiative is aimed at providing tax breaks to U.S. companies in exchange for hiring. Closer to home, HSBC is said to be eyeing the sale of some Canadian brokerage operations. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo