Economy & Markets
The important economic and stock market news that advisors need to know.
Outlook 2011, Global and U.S. Bonds: Europe Debt Woes May Affect U.S., Says T. Rowe Price's Levenson
By Kate McBrideFixed income more attractive as rates lift; global and local risk and reward.
December 26, 2010
Online Retail Sales Reach Christmas Season RecordConsumers pulled out all the stops online to spend $36.4 billion by Dec. 23, the day before Christmas Eve, according to SpendingPulse, a MasterCard Advisors report.
December 26, 2010
China Raises Lending, Deposit Interest Rates by 25 Basis PointsThe People's Bank of China moves again to tame inflation
December 23, 2010
Will 2011 See a Boom in Commodities?Real diversification is back in vogue as the case is made for owning and investing in raw and tangible commodities.
December 23, 2010
Meredith Whitney Sounds Alarm on Municipal-Bond DefaultsIs Meredith Whitney right this time about looming failures that could rock the markets?
December 23, 2010
Ireland to Nationalize Allied Irish BanksGovernment wins court approval for 93% stake.
December 23, 2010
Good, Bad News in Euro Zone for Portugal, Slovenia, PolandInternational Monetary Fund (IMF) gave initial approval to an increase in Poland’s flexible credit line.
December 23, 2010
Gold Rings, French Hens Lead to Pricey 12 Days of Christmas 2010Despite the tough economy, the price of the 12 Days of lore has gone up. A lot. In fact, it saw the second highest jump ever, according to PNC’s Christmas Price Index.