Economy & Markets
The important economic and stock market news that advisors need to know.
GAO Gives Thumbs-Down to U.S. Financial Statements (for the 14th Time)
By Janet LevauxGovernment Accounting Office can’t issue an opinion due to issues at Defense, Homeland Security and Labor departments
December 22, 2010
GDP for Q3 Revised Upward; Existing Home Sales Rise but Still WeakExpectations for economic growth next year are turning more optimistic now that Americans will have a little more cash in their pockets.
December 22, 2010
Outlook 2011, Washington & the Fed: KBW Sees Tighter Regulations, Flat RatesThe Fed will keep interest rates flat as quantitative easing continues, and regulatory policy out of Washington will continue to pose risks in 2011, said KBW analysts.
December 22, 2010
2010 Census: Top States for Population and WealthThe 2010 Census shows some surprising statistics when it comes to the wealthy in America.
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.