Economy & Markets
The important economic and stock market news that advisors need to know.
RBC Consumer Outlook Index Highest Since Sept. 2008
By John SullivanMost Americans believe spending cuts, tax increases are necessary to balance budget
December 02, 2010
Eurozone Bank Crisis: ECB’s Trichet Will Not Expand Bond ProgramAnalysts were disappointed Thursday when the European Central Bank (ECB) announced it would not take any new action to ease concerns over contagion in the European Union (EU).
December 02, 2010
Fed President Hoenig Eyes Return of Glass-SteagallA return of Glass-Steagall separation of banks from more risky brokerage businesses would 'restore the integrity of the financial system.'
December 01, 2010
CIGNA to Buy Back NotesCIGNA Corp. has announced a tender offer for $350 million in senior notes due in 2019 that pay a rate of 8.5%.
December 01, 2010
Wealth Without BordersBrazil's growth boom has earned the country a permanent place among those nations considered most important to the global economy.
December 01, 2010
LPL Financial’s Kleintop Says Beige Book Economic Outlook BrighterThe Beige Book economic report, a compilation of the 12 Federal Reserve districts, indicated Wednesday that the economy continued to improve.
December 01, 2010
T. Rowe Price Economist Alan Levenson’s Outlook on Taxes, QE, EuropeTaxes and the U.S. deficit, China, QE II and the crisis in Euroland were some of the topics that T. Rowe Price Vice President and Chief Economist Alan Levenson touched on at a breakfast for the news media in New York on Wednesday.