European, US stocks flat after inflation data (AP)
AP – European and U.S. stock markets traded without much direction Tuesday as investors weighed economic data that showed U.S. wholesale inflation rose more than expected last month. Volumes stayed low ahead of the holiday season.
The Gold Rush to Nowhere
Gold is definitely the trendy place to be right now, but all trends come to an end.
SEC mulls surprise audits for investment advisers (Reuters)
Reuters – U.S. securities regulators may reduce the number of investment advisers who would have to undergo an annual surprise audit under a proposal to ensure that their clients’ assets are safe, two sources familiar with the plan said on Tuesday.
US producer prices jump 1.8%
US wholesale prices heated up last month, recording their first annual increase in a year and raising the spectre that inflation could be looming, labour department figures showed
AFP – The London stock market was steady at the start of trade on Tuesday following fresh 2009 highs for Wall Street.
