Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Inch Higher for the Day and Week; Consumer Confidence Drops, CPI Stays Flat
By Joyce HansonConsumer confidence fell in September even though consumer prices remained mostly flat in August, and that mixed data released Friday left stocks range-bound in typically lackluster trading.
September 17, 2010
Altegris Advisors Introduces Managed Futures Strategy FundsAltegris Advisors has launched the Altegris Managed Futures Strategy Fund for investors to participate in managed futures with an actively managed mutual fund.
September 16, 2010
Dodd: Warren to Be Named Advisor of Consumer Agency, Not ChiefRepublicans up in arms over reports that Obama planned to appoint Elizabeth Warren CFPB head.
September 16, 2010
Stocks Close Mixed in Reponse to Dull Economic DataIf there were any surprises in the market on Thursday, it was only at how mildly tepid the economic news was. Stocks were mixed at market close, with the Dow up 22 points.
September 16, 2010
Geithner's Tough Talk on Chinese Yuan DisappointsTreasury Secretary Geithner said the Obama administration will get tougher on China, suggesting that the United States' trading partner must curb its currency manipulation.
September 16, 2010
Dodd: Warren to Be Named Advisor of Consumer Agency, Not ChiefRepublicans up in arms over reports that Obama planned to appoint Elizabeth Warren CFPB head.
September 15, 2010
EU Sets Rules on Derivatives, Shorts, CDSIn a bid to control the sort of trading that destabilized markets and put the euro in danger, the European Union proposed a series of rules governing such trades.