Economy & Markets
The important economic and stock market news that advisors need to know.
Modest Demand Greets Italy Government Bond Sale
By Marlene Y. SatterIn thin end-of-year trading, Italy managed to sell $10.77 billion worth of 3- and 10-year bonds on Thursday, following a sale on Wednesday of zero-coupon bonds and six-month bills.
December 29, 2010
Top CEOs Ask Obama for ‘Repatriation Tax’ HolidayThe move would help them tap more than $1 trillion of offshore earnings.
December 29, 2010
U.S. Home Price Annual Growth ShrinkingAnnual growth in U.S. home prices slowed in October, Standard & Poor's S&P/Case-Shiller Home Prices Indices.
December 29, 2010
Case/Shiller Home Price Index Finds Prices Falling Faster in Biggest CitiesHome prices are dropping in the nation's largest cities and are expected to keep falling next year.
December 29, 2010
Millionaires' Confidence Returns, Spectrem FindsThe Spectrem Millionaire Investor Confidence Index is at its highest level since December 2007
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…