Broker Dealers
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Consumer Confidence Drops; S&P/Case-Shiller's Home Price Index Rises
By Joyce HansonIn more destabilizing economic news, the Conference Board's closely watched consumer confidence survey plummeted in June while the S&P/Case-Shiller index showed that home prices rose in April--but probably only briefly--on the temporary tax credit.
June 29, 2010
Russell, Research Affiliates Plan Fundamental Index SeriesRussell Investments, a strong proponent of market-capitalization-weighted indexes, has joined with Research Affiliates (RA) to launch a new index series based on RA's Fundamental Index methodology, the two firms announced on Friday, June 25.
June 29, 2010
BlackRock 401(k) Survey of DC Participants Shows 'Shocking Gap' Between Behavior and IntentMost employees participating in defined contribution plans say 401(k)s are more important to them than before the financial crisis, but their behavior shows a "shocking gap" between their ideals and ability to save, a BlackRock survey shows.
June 28, 2010
First Coverage's Street Sentiment Index Is SkiddingThe First Coverage Market Sentiment Index tumbled last week, its fourth-straight week of decline and another clear sign of a downward trend, according to the organization.
June 28, 2010
Personal Income Rose Slightly in May; Consumer Spending Nearly FlatPersonal income in May increased slightly, at 0.4%, and consumer spending also rose, but at an even slower rate of 0.2%, the U.S. Department of Commerce reported Monday, June 28.
June 28, 2010
With Reform Bill, the Fiduciary Process EvolvesOn the heels of the June 25 final wording for financial reform legislation, the Foundation for Fiduciary Studies (FFS), unveiled an "evolved" fiduciary process and a new president, Louis S. Harvey.
June 28, 2010
The Fiduciary Process EvolvesFoundation for Fiduciary Studies unveils evolved fiduciary process.
June 25, 2010
Consumer Sentiment Up to 76.0 in June: Reuters/Univ. of MichiganConsumer sentiment continued its steady if somewhat confounding rise on June 25 as the Reuters/University of Michigan index posted a final reading for the month of 76.0. The reading is 7.3% higher than the 70.8 level of June 2009.