- 2012 U.S. Elections
- Apple Inc.
- Consumer Confidence
- Consumer Credit
- Corporate Profits
- Debt and Deficits
- Federal Reserve
- Fiscal Cliff
- Fiscal Policy
- Foreign Trade
- Leading Indicators
- Market volatility
- Purchasing Managers' Index
- Retail sales
- Savings and Consumer Spending
- Special Report
- The Long Term
- The U.S. Dollar
- U.S. Debt Ceiling
Monthly Archives: October 2011
Stocks went on a haunted hayride to steep losses on October 31, as fresh worries surfaced about Euro-land debt.
Let us talk, for a change, about something other than Europe; let’s refrain from nit picking at The Plan to End All Plans and focus instead on the U.S. economy, which most agree will escape recession in the near term.
Many details are still to be filled in, but investors were sufficiently encouraged by the measures Europe is prepared to take to solve the Greek debt crisis, build a firewall around Italy and Spain, and put European banks on sounder … Continue reading
Stocks traded in negative territory for much of the morning Wednesday, gathered strength after 1:00 ET, and then finished with a flourish that put the Dow ahead 1.4% on the day.
A combination of Euro-phobia, weak economic data and earnings disappointment led to profit taking in global stock markets today, with the Dow losing a little over 200 points or 1.7%.
Stocks started the week with solid gains, helped by good earnings and a continuation of the recent mini-boom in merger and acquisition announcements.
Stocks finished the week with solid gains on Friday, as a league-leading 267-point or 2.3% rise brought the Dow Industrials to their highest close since August 3.
Thursday brought a couple of positive reports on the U.S. economy and more uncertainty over the shape and size of any European bailout facility, with U.S. stock prices managing to buck the downtrend seen in Europe and turning higher in … Continue reading
Stocks turned lower on Wednesday, with the major U.S. market averages losing from 0.6% (Dow) to 1.3% (S&P 500) to 2.0% (NASDAQ).
The stock market’s split personality continues to manifest itself this week, with Tuesday’s 2% advance in the S&P 500 essentially reversing Monday’s 1.9% decline.