Economic Week in Review
Financing our Discontent By Staff Reporters As the winter chill continues, the frozen economy and the healthcare industrial complex is awaiting agreement on a federal stimulus package that is expected...
View ArticleOn Standard & Poor’s Depository Receipts
Don’t be Afraid of ‘SPIDERS’ By Dr. David Edward Marcinko MBA CMP™ www.CertifiedMedicalPlanner.com [Publisher-in-Chief] What they are – How they work? No, I’m not talking about creepy, crawly insects....
View ArticleDid You Survive the [Fleeting-Tweeting] “Flash-Crash” of 2013?
The Day the Dow Jones Industrial Average Lost 150 Points By Lon Jefferies, MBA CFP™ http://www.NetWorthAdvice.com The stock market just reached an all time high, crossing 15,000 for the first time....
View ArticleUPDATE: Morgan Stanley, CPI, Omicron and the Markets
By Staff Reporters *** *** Morgan Stanley named Eli Gross and Simon Smith as new global co-heads of investment banking, as part of a leadership shakeup at the top of one of Wall Street’s most powerful...
View ArticleUPDATE: Inflation, S-S Benefits, Job Recruiters, the Markets and U.S....
By Staff Reporters *** *** U.S. inflation climbed to new 41-year high of 9.1% in June, as gasoline prices surged. Soaring gasoline prices in June drove the rate of U.S. inflation to 9.1%, a nearly...
View ArticleUPDATE: Domestic and European Markets, Tesla Dumps Bitcoin, and Microsoft
*** By Staff Reporters *** *** The S&P 500 rose 0.6%, a day after soaring 2.8% for its best day in weeks. The NASDAQ led the market with a 1.6% gain. The Dow Jones Industrial Average added a more...
View ArticleUPDATE: President Biden, Domestic Markets, IRS Tax Filing Service, Polio and...
*** By Staff Reporters President Biden tested positive for the coronavirus, raising health concerns for the 79-year-old president and underscoring how the virus remains a persistent, if muted, threat...
View ArticleUPDATE: The Domestic Stock Markets and [Un]Social Media
By Staff Reporters *** *** The stock markets fell after new data showing U.S. manufacturing activity stalled and the service sector’s pandemic recovery has gone into reverse as a result of high...
View ArticleUPDATE: Microsoft, Google and Texas Instruments
By Staff Reporters *** *** Microsoft (MSFT) – Get Microsoft Corporation Report posted weaker-than-expected fourth quarter earnings as a surging U.S. dollar blunted the impact of overseas demand for...
View ArticleUPDATE: Stocks Close A Bit Lower!
By Staff Reporters *** *** Stocks closed broadly lower on Wall Street yesterday, adding to their hefty losses from last week when the Federal Reserve pledged to keep interest rates high as long as it...
View ArticleUPDATE: Job Openings, Oil and the Stock Slump!
*** By Staff Reporters *** *** According to the USBLS, the number of open Job positions ticked up unexpectedly in July, with around 11.2 million jobs available, slightly higher than June’s revised...
View ArticleUPDATE: Treasury Yields, the Markets and Dr. Mark Mobius Speaks
By Staff Reporters *** *** The yield on the 2-year Treasury is up 10.1 basis points to 3.499% as of 3 p.m. Eastern. Yields move in the opposite direction to prices. The yield on the 10-year Treasury...
View ArticleUPDATE: Daily and Weekly Domestic Stock-Market Round-Up, Commodities and the...
By Staff Reporters *** *** For Friday, the Dow Jones Industrial Average rose 377.19 points, or 1.19%, to 32,151.71, the S&P 500 gained 61.18 points, or 1.53%, to 4,067.36 and the NASDAQ Composite...
View ArticleUPDATE: CPI Triggers Stock Melt Down = KA-BOOM!
*** *** Stocks nosedived after a surprising inflation report showed prices rose more than expected last month. All three major averages logged their worst day since June 2020. Technology stocks led...
View ArticleUPDATE: Domestic Stocks Wobble But Hold
By Staff Reporters *** *** The wobbly trading came as investors weighed another snapshot of inflation. Markets have been on edge about the possibility of a recession after a string of interest rate...
View ArticleUPDATE: A Recession Looming?
By Staff Reporters *** *** Wall Street ended sharply lower today extending its losses in late afternoon trading as a raft of economic data failed to alter the expected course of aggressive tightening...
View ArticleUPDATE: Solid Domestic Stocks
By Staff Reporters *** *** U.S. stocks found their solid footing in the final hour of back-and-forth trading after all three major indexes logged their worst week in three months. The S&P 500...
View ArticleUPDATE: Three Domestic Stock Indices
By Staff Reporters *** *** Equity markets declined for the third straight day in the wake of the U.S. Federal Reserve‘s most recent increase to the benchmark interest rate. The S&P 500 fell 31.94...
View ArticleUPDATE: A BAD-HORRIBLE-TERRIBLE Domestic Market Weekly Snapshot
By Staff Reporters *** *** U.S. stocks closed sharply lower with the Dow Jones Industrial Average ending at its lowest closing value since November 2020. All three major benchmarks suffered another...
View ArticleUPDATE: The Stock Markets Blast-Off!
By Staff Reporters *** *** Domestic Markets: The Dow and the S&P 500 both snapped six-day losing streaks after the Bank of England stepped in to calm investor fears about its teetering markets....
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