Economy & Markets
The important economic and stock market news that advisors need to know.
Mercer Study: Workers Optimistic About Economic Growth
By Danielle AndrusWorkers with benefits from their employers are optimistic about the economy, but aren't so sure about their own financial futures, a recent survey found.
September 28, 2010
S&P/Case-Shiller Index Showed Home Prices Fell 0.1% in JulyThe price of single-family homes dropped 0.1% in July following a 0.2% rise in June, according to the S&P/Case-Shiller home price indexes released Tuesday.
September 27, 2010
Federal NCUA Seizes 3 Corporate Credit UnionsThe National Credit Union Administration (NCUA), the independent federal agency that supervises federal credit unions, seized three corporate credit unions on Friday, as reported by Credit Union Times.
September 27, 2010
Bill Gates Pushing Washington State’s ‘Tax-the-Rich’ MeasureThe state of Washington, beset by budget cuts as are many states across the nation, is considering a radical step: an income tax on the rich.
September 26, 2010
Republicans’ ‘Pledge to America’ Draws Fire From Left and RightRepublicans' much-touted "Pledge to America," announced Thursday, which was supposed to be a new promise for fiscal prudence, has been roundly criticized by both sides--and Sunday was no different.
September 24, 2010
It's Benefits Enrollment Time: Start Stressing Income Protection with Disability Income InsuranceDuring this year's traditional benefits enrollment season
September 24, 2010
Alternative View: The Current Perspective on Managed FuturesIt is relatively well known among investment professionals that the managed futures industry was one of the few bright lights among the gloom that pervaded investment portfolios throughout the credit crisis in 2008. We estimate that approximately 75% of the industry utilizes quantitative, trend-following strategies and the well-established trends in...
September 24, 2010
New Home Sales Still Dismal; Stocks Surge on Durable Goods ReportNew home sales figures released Friday by the Census Bureau showed that housing had a long way to go before it joined the "expansion" and orders for durable goods fell 1.3%, but its core components rose.