The RBC CASH Index, which has gauged consumer confidence since 2002, hit a new low this month.
Assets invested in exchange traded funds grew by $32 billion, or 5.5%, to $608 billion in November.
Economists polled by The Wall Street Journal put the chance of recession at 42%, up from 23% just six months ago.
Further rate cuts will be needed to "support growth and to provide adequate insurance against downside risks," he said.
The model act covers the secondary market for life insurance, including disclosures for viatical settlements brokers.
Wholesalers posted a 2.2% increase in sales in November, marking the largest gain in over two years.
GSO Capital Partners is an alternative asset manager specializing in leveraged finance.
Amid signs of inflation, European Central Bank today left its key interest rate unchanged at 4.0%.
Natixis Global Asset Management LP of Boston announced today that David Giunta has been named president and chief executive of Natixis Global Associates.
