Stocks ended last week on a high note, with the Dow Jones industrial Average booking its first weekly gain in a month. The Dow Jones Industrial Average gained close to 279 points, or 2.8% to 10211 points at the end of the week. The tech heavy Nasdaq Composite also gained around 1.1 since there was [...]
I always make sure that I have taken all my pills before I look at the end-of-month money supply figures, which turned out to be a good idea, because M2 growth has been, as they say, quite anemic for the past several months. I think it’s bad news, which seems paradoxical because I am always [...]
On Wednesday, January 20, the DJIA took a 100-plus point leap over the equity cliff edge. As for why, well, the experts of Wall Street set their sites 7,400 miles to the east, on China. Here, the following headlines from the day step in: Original Source
On Wednesday, January 20, the DJIA took a 100-plus point leap over the equity cliff edge. As for why, well, the experts of Wall Street set their sites 7,400 miles to the east, on China. Here, the following headlines from the day step in: Original Source
The StockTwits stream was buzzing today. As the market fell, some bears came out of there caves. Here’s some of the highlights from the morning action on the stream: Some economic releases out this morning. Market seemed to like the tame inflation number, but @alaidi points out that there was some wild inflation in the [...]
To many, China’s recent economic data suggests their bull market is here to stay: The 3rd quarter 2009 saw a 16% leap in industrial production and retail sales, and a strong rise in GDP to 8.9%… Does that sound familiar? IT SHOULD. Just two years ago, China’s economic numbers were similarly strong. Yet do you remember [...]
