Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Home Price Annual Growth Shrinking
By Danielle AndrusAnnual growth in U.S. home prices slowed in October, Standard & Poor's S&P/Case-Shiller Home Prices Indices.
December 29, 2010
ShopperTrak Estimates Dec. 26 Storms Delay $1 Billion in Retail SpendingBlizzard that swept through the Northeast on Sunday and Monday delayed $1 billion in retail spending, according to research firm ShopperTrak, but won't derail a holiday shopping season expected to be the best since 2007.
December 29, 2010
Portugal Says It Will Issue Up to 20 Billion Euros in Bonds in 2011Portugal's debt agency says it needs to raise up to euro 20 billion on international markets in 2011 in what will be a key test of the country's ability to calm jittery investors.
December 28, 2010
Not Frightened of Municipal Bond Defaults? Try ETFsFixed income of all kinds has fallen off a cliff since the Fed’s announcement of quantitative easing on November 3, and the 60 Minutes interview…
December 28, 2010
Consumer Confidence Still Shaky in DecemberThe State Street Investor Confidence Index rose 8 points from 96.4 to 104.4 in December 2010, State Street Global Markets reported Tuesday.
December 28, 2010
Bill Miller, Jeremy Grantham to Stay the Course in 2011Legendary fund managers stick with allocations despite tough 2010.
December 28, 2010
AIG has Best Year Since 2003‘Troubled’ financial giant leads U.S. insurance industry in beating benchmark.
December 28, 2010
David Einhorn Warns That Fed’s Zero Rate Policy Risks 2d Financial CrisisThe man who blew the whistle on Lehman Brothers’ financial house of cards sees the position of the U.S. economy as similarly untenable if zero interest rates persist.