Economy & Markets
The important economic and stock market news that advisors need to know.
The Great Recession: The Rich Got Poorer
By Allison BellU.S. taxpayers with ultra-high incomes took the biggest hit during the first year of the recent economic crisis, according to an analysis of 2008 tax statistics.
December 21, 2010
Russell 3000 Index Hits Highest Level Since 2008The Russell 3000 Index closed at a new 52-week high Monday of 743.49, the company announced Tuesday.
December 21, 2010
AdvisorOne Outlook 2011 CalendarTo help advisors and their clients plan for the New Year, AdvisorOne has canvassed some of the best individual minds and institutional thinking to deliver Outlook 2011, an online series running from Dec. 20 through Jan. 7.
December 21, 2010
Top 5 CEO Wealth Creators, Destroyers in Financial SectorWant to beat the S&P 500? Maybe you should be investing in CEOs instead of stocks. At least, if you consider the results of a new study published Monday by Chief Executive magazine, it might be worth a shot.
December 21, 2010
Portugal, Spanish Banks May Take Ratings Hit; Spain Sells BondsPortugal became the latest in the parade of euro zone nations to be warned by Moody’s that it might be in for a ratings cut. Putting Portugal on review, Moody’s said Tuesday that because of low growth prospects and the high cost to Lisbon for its borrowing, it may drop...
December 20, 2010
Distributor Improves EarningsThe Marketing Alliance Inc. says efforts to increase efficiency buoyed profits in the latest quarter.
December 20, 2010
Disability: Workers Still in a FogMost U.S. workers seem to understand that anyone can become disabled, but few seem to know just how common that disability really is.