Wall Street Roundup: Consumer and C-suite pessimism. Women in management.
Pessimism rules: The recession may have officially ended last summer, but consumers and business leaders beg to differ. Consumer confidence levels dipped, as did chief executives’ optimism about sales growth.
The glass ceiling holds: Women were having a tough time pushing further up the ladder even in the flush years before the recession. A study released Tuesday by the Government Accountability Office shows that women held 39% of management positions in 2000 and just 40% in 2007.
New take on bonds: Federal Reserve officials are examining new strategies for boosting the lagging economy using bond purchases – focusing on a smaller-scale effort than the tactics used in 2009.
-- Tiffany Hsu