Economy & Markets
The important economic and stock market news that advisors need to know.
GDP for Q3 Revised Upward; Existing Home Sales Rise but Still Weak
By Associated PressExpectations for economic growth next year are turning more optimistic now that Americans will have a little more cash in their pockets.
December 21, 2010
The Great Recession: The Rich Got PoorerU.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
The Great Recession: The Rich Got PoorerU.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
Outlook 2011, Fixed Income: Low-Rate, but Volatile, Recovery, Neuberger Berman SaysThe fixed-income market in 2011 should see a continued, modest yet sometimes volatile, U.S. economic recovery with low interest rates, according to analysts at Neuberger Berman.
December 21, 2010
Gold: An Answer to Low Yields & Inflation, BNY Mellon SaysUse the metal for diversification, not appreciation, says Kenton Yee of Mellon Capital.
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.