Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar's 2010 Fund Managers of the Year Hail From Sequoia, Janus and Templeton
By Janet LevauxReturns at funds led by the top managers range from 12.7% to 19.5% last year, Morningstar reports.
January 05, 2011
Russell Global Index Up 15.2% in 2010Philippines is the top market worldwide with a gain of 77% last year
January 05, 2011
2011 Market Forecast (and a Review of 2010’s 4Q)Investment returns were solidly positive in the fourth quarter, thanks to increased consumer spending, a better-than-expected Christmas season for retailers, and improved earnings.
January 05, 2011
German Bund Auction Taps Demand; Portuguese Yield RisesIn the first auction of 2011, demand for German Bunds was up, reversing a trend over the last few auctions in which demand has been barely enough to consume all Bunds on offer.
January 05, 2011
The first woman on Wall StreetResearchSenior Editor Ken Silber discussed the remarkable career of Victoria Woodhull, 19th century stockbroker and presidential candidate, on the Gabe Wisdom Show, Business Talk Radio, on 1/3/11.
January 04, 2011
GOP Challenges, Chides President on SpendingMajority Leader Eric Cantor explains agenda in Capitol Hill press conference.
January 04, 2011
Fed's December Minutes: Economy Needs Bond-Buying ProgramFederal Reserve officials stuck with the pace of their $600 billion Treasury bond-buying program, known as QE2, last month because the economy wasn't improving fast enough to make a noticeable dent in unemployment.
January 04, 2011
Factory Orders Rise 0.7% in November, Commerce Dept. FindsBusinesses ordered more factory goods in November, responding to stronger consumer demand for household appliances, computers, and furniture.