Category Archives: Europe

Global bond yields continue their historic slide

European bond yields fell to fresh lows on Wednesday on speculation that the European Central Bank is getting closer to initiating an asset purchase program along the lines of the QE programs that the central banks of the U.S., U.K. … Continue reading

Posted in Bonds, Europe | Tagged ,

S&P 500 closes above 2000 (just barely) for the first time

It didn’t make it by much, but the S&P 500 closed above 2000 – 2000.02 to be exact – for the first time ever on Tuesday.

Posted in Consumer Confidence, Europe, Housing

S&P 500 touches 2000 for the first time

The S&P 500 closed at an all-time high of 1998 on Monday, 27 years to the day after it hit what was then a record high of 337. Over 27 years, this near sextupling of stock prices equates to a … Continue reading

Posted in Europe, Stocks, The Long Term, Uncategorized

The Good, the Bad and the Draghi

The Good: U.S. economic data released this past week were almost uniformly good, indeed, better than expected in most cases. The Atlanta Federal Reserve’s “GDPNow” rules-based GDP forecaster has bent up from an early August indication of 2.6% GDP growth … Continue reading

Posted in Economy, Europe, Federal Reserve, Uncategorized

Economic reports – both good and bad – lift most stocks

On a day dominated by economic reports – positive in the U.S., negative in the euro zone and China – global stocks were mostly higher on Thursday.

Posted in China, Europe, Housing, Jobs, Leading Indicators, Purchasing Managers' Index

NASDAQ hits its highest level since March 2000

U.S. stock prices started the new week to the upside with gains on the order of 1% for the big-cap stock market averages and gains approaching 1.5% for small-cap indexes. NASDAQ hit a 14-year high, rising 1.0% for the day, … Continue reading

Posted in Bonds, Europe, Housing, Stocks

Bonds outshine stocks as global worries grow

U. S. stocks closed mostly mixed on Friday and up for the week, but bonds grabbed the spotlight.

Posted in Bonds, Consumer Confidence, Europe, Industrial Production, Inflation

Stocks rise despite weak economic news, bond yields drop

U. S. stocks were higher again on Thursday despite mounting evidence of a slowing global economy.

Posted in Bonds, Energy, Europe, Jobs

Stocks record nice gains despite weak retail sales report

Led by the health care and tech sectors, U.S. stocks were broadly higher on Wednesday despite a weaker than expected July retail sales report.

Posted in Bonds, Europe, Japan, Retail sales

Tuesday’s late rally fails to lift stocks out of the red

A late rally on Tuesday proved to be too little, too late to lift U.S. stocks for a third straight day.

Posted in Bonds, Debt and Deficits, Energy, Europe