Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals. For nearly 120 years, we have evolved with the changing needs of our clients and our world.

The Econtrarian

On one of this past Sunday’s morning political talk shows, I heard a congressman say that the runaway federal government spending had to stop. Congressman, sir, although the spending continues to increase Airplane Musings – Part DeuxThe Federal Government Deficit […]

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U.S. Economic Outlook

For various reasons that will be discussed below, we are lowering our 2010 real gross domestic product (GDP) forecast. At the same time, we are publicly unveiling our

The Econtrarian

Much is being made of late of the out-performance of gold mining stocks vs. stocks in general in the early 1930s. Charts 1 and 2 show the behavior

U.S. Economic Outlook

After hitting a cycle high of 1217.28 on April 23, 2010, the S&P 500 stock market index fell by 10.65% in the following 20 trading days. The media

The Econtrarian

More and more we are hearing that occupants of residential real estate with mortgages far in excess of the current market value of the real estate are choosing

The Econtrarian

We mentioned in our April 2010 U.S. Economic and Interest Rate Outlook [It's Been A While] that the ongoing contraction in commercial bank lending was an important factor

U.S. Economic Outlook

Central banks across the world took largely synchronous measures to contain the financial panic which began in the summer of 2007. Central Banks in 2010 - The Cacophonous

Hey Big Spender?

Whether it is Greece or the US, it seems as though the headline du jour involves government deficits and debt. The Obama administration has taken a lot of

U.S. Economic Outlook

Not so fast for the economy, for inflation and, therefore, for Fed tightening. The Commerce Department’s first guess at Q4:2009 real GDP growth of 5.7% is likely to

The Econtrarian

Does Anyone in Washington Know What Needs to Be Done to Create Jobs? Does Anyone in Washington Know What Needs to Be Done to Create Jobs? This is a question