As we look into the future the Leading Economic Index rose 0.2% in March to 123.4. That is the first increase in three months. The index is a barometer of economic health 6-12 months in the future. (CNBC)
U.S. regulators will require the nation’s large banks to hold back executives’ bonus pay for four years. It will also require a seven year “claw back” period if past executive action hurt the business. (NASDAQ)
LifeWise Health Plans has decided to exit the state of Oregon and stop offering health insurance policies. LifeWise Oregon will support existing customers through 2016. The decision impacts all their health insurance products. (Press Release)
Caterpillar reported quarterly profits of $271 million. The heavy equipment company posted sales of $9.46 billion. Caterpillar expects full-year earnings to be $3.70 per share, with revenue in the range of $40 billion to $42 billion. All those numbers met expectations. Caterpillar stock is up 16% this year. (AP)
Join us this weekend for Financial Focus Radio when Tyler and I spread the Good News of wealth building.
S&P 500 is down 1 and the NASDAQ is down 40. MSCI International Index is up 0.07%.
Oil is up 25 cents at $43.42 a barrel.
Gold is down $3 at $1248 a Troy ounce.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.