Category Archives: Consumer Credit

Stocks shrug off European election results

In what may have been a case of “sell the rumor, buy the news,” stocks mostly rose the day after anti-austerity candidate François Hollande was elected president of France and anti-bailout parties won seats in the Greek parliament.

Posted in Consumer Credit, Europe

Stocks take back some of Tuesday’s losses; QE with a twist

Stocks on Wednesday regained about half of the ground they lost in Tuesday’s market sell-off.

Posted in Consumer Credit, Europe, Federal Reserve, Stocks

DJIA hits three and three-quarter year high

Tuesday was a rather dull day in global financial markets, light on economic news and with more waiting on some finality in the Greek debt drama.

Posted in Consumer Credit, Energy, Federal Reserve

Quiet trading day opens the week

Stocks meandered their way to small gains Monday, as traders awaited Alcoa’s Q4 earnings report and pondered the significance of the big jump in consumer credit during November.

Posted in Consumer Credit