Category Archives: The Long Term

Little to be thankful for in Wednesday’s market

Posted on November 23, 2011 by

Most Americans – certainly a lot more than 1% of us – have much to be thankful for, starting with where and when we are fortunate enough to live.

Posted in Stocks, The Long Term

Stocks edge lower, bonds a little higher in Thursday trade

Posted on October 13, 2011 by

Down over 1% in early trading, U.S. stocks swung back into positive territory in mid-afternoon only to sink back in the final hour of trading.

Posted in The Long Term

Ten years later

Posted on September 9, 2011 by

Well, Friday’s 300-point drop in the Dow Jones Industrial Average certainly wasn’t the reaction that President Obama was hoping for when he delivered his speech on jobs last night.

Posted in Stocks, The Long Term

Stock prices end their skid, rising on report of improved exports

Posted on June 9, 2011 by

Published four times a year, with a lag of three months, the Federal Reserve’s so-called Flow of Funds data is not the type of news to move the markets, and yet it can reveal important trends in outstanding U.S. debt.

Posted in Federal Reserve, The Long Term | Leave a comment

Stocks lose roughly three-quarters of a percentage point Friday as Greece and Gap inspire profit taking

Posted on May 20, 2011 by

A ratings downgrade of Greece sovereign debt by Fitch Ratings to B+ from BB+ battered the euro, and disappointing profits guidance at Gap sent share prices of retailers lower, with the net result being losses in the major stock market … Continue reading →

Posted in The Long Term | Leave a comment

Dow closes at highest level since June 2008

Posted on April 4, 2011 by

In relatively light trading Monday, the Dow Jones Industrial Average closed at its highest level in 34 months, advancing 0.2% on the day, which put it ahead of the essentially flat showings of the S&P 500 and Nasdaq.

Posted in The Long Term | Leave a comment

Last week Caesar, this week Cleopatra

Posted on March 23, 2011 by

One week after the Ides of March, on the second day of spring, the second most famous Cleopatra went the way of all flesh.

Posted in Housing, The Long Term | Leave a comment

Dow 36,000 and the “New Normal”

Posted on February 24, 2011 by

Today’s Wall Street Journal carries an apology of sorts from Jim Glassman, co-author of the infamous Dow 36,000 book in 1999: “I was wrong.”

Posted in Global, The Long Term | Leave a comment