Economy & Markets
The important economic and stock market news that advisors need to know.
Healthcare Costs Rise 7.32% From Aug. 2009
By Marlene Y. SatterThe Standard & Poor's Healthcare Economic Composite Index data released Thursday show that the average per capita cost of healthcare services covered by private insurance and Medicare programs has increased by 7.32%.
October 22, 2010
President's Working Group Releases Report on Money Market Fund ReformsPWG: while a number of positive reforms have been implemented, more should be done to address money market funds' susceptibility to runs.
October 21, 2010
Back to the New Normal in Fixed IncomeDuring the second half of September, following comments by Fed Chairman Ben Bernanke, the Treasury rally resumed, returning the markets to the new normal.
October 21, 2010
Prudential Expects Equity Rally to Continue Through Year-EndDespite a spate of disappointing economic outlooks, Prudential International Investments Advisers Chief Investment strategist John Praveen expects the equity rally to continue into 2010 year-end.
October 21, 2010
Research Senior Editor Ken Silber discusses the history of technical analysisResearch Senior Editor Ken Silber on the Gabe Wisdom Show of 10/11/10, Business Talk Radio, discusses Charles Dow and other pioneers of technical analysis.
October 21, 2010
Conference Board’s LEI Shows Economy Moving Up at Snail’s PaceThe ups and downs of the U.S. economy's business cycle kept moving in a positive direction for the third month in a row, but growth remains slow, the Conference Board reported Thursday.
October 21, 2010
China Economic Growth Cools, Inflation RisesChina's economic growth in the third quarter hit 9.6%, down from 10.3% in the second quarter, and consumer prices rose 3.6% in September, according to figures released Thursday.
October 20, 2010
Beige Book: Economic Growth Continues at Slow PaceThe latest Beige Book report from the Federal Reserve states national economic activity continues to rise at a moderate pace.