PEAK JOBS 23 Minutes, 25 Slides Gordon T Long and Charles Hugh Smith raise and debate seven key notions, that along with unsound money, are central to the understanding of the structural economic problems facing the globe today. The world is being brutally impacted by a slowing rate of growth in jobs and is now showing the attributes of it being a peak. Innovation advances today are dominantly technology centric, which are normally significant productivity improvements. This is feeding...
Read More »Investment News – Peter Tuz, S&P 500, Getty Images, Marc Chandler
The other Dow record: Dividends The Dow has been marching to new all-time highs for a week, and dividends for these bluest of blue chips are hot on the heels of a new record too. http://rss.cnn.com/~r/rss/money_latest/~3/GEmuyInRUsE/index.html S&P's (Meaningless) Milestone Just days after this bull market's fourth birthday, the S&P 500 is mere basis points from its all-time high of 1565.15. http://www.forbes.com/sites/larahoffmans/2013/03/11/sps-meaningless-milestone/ Stocks Put Another...
Read More »Dow Jones & Company News – Goldman Sachs, NEW YORK, Marc Chandler
Stock index futures signal lower Wall Street open Stock index futures pointed to a slightly weaker open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.1 to 0.2 percent. ICSC/Goldman Sachs release chain ... http://us.rd.yahoo.com/finance/news/rss/story/SIG=14kbdu11j/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12hqvcjst/*http%3A//finance.yahoo.com/news/stock-index-futures-signal-lower-090509437.html?l=1 Stocks creep up; Dow rises...
Read More »Dow Jones & Company News – NEW YORK, Marc Chandler, United States
Stocks creep up; Dow rises for seventh day running NEW YORK (AP) — The stock market crept higher Monday, pushing the Dow Jones industrial average to its seventh straight day of gains. http://news.yahoo.com/stocks-creep-dow-rises-seventh-day-running-203317278--finance.html Stocks slip early Monday after record week NEW YORK (AP) — Coming off a record week, the stock market is drifting lower in light trading Monday....
Read More »Investment News – S&P 500, Getty Images, Marc Chandler, China
S&P's (Meaningless) Milestone Just days after this bull market's fourth birthday, the S&P 500 is mere basis points from its all-time high of 1565.15. http://www.forbes.com/sites/larahoffmans/2013/03/11/sps-meaningless-milestone/ Stocks Put Another One In The Win Column, Apple Joins The Party Wall Street's rally kept rolling Monday, after a choppy morning gave way to gains nearly across the board. The modest advance saw the Dow building on record highs and the S&P 500 within 10 points of its...
Read More »Investment News – Getty Images, Marc Chandler, China, NEW YORK
Stocks Put Another One In The Win Column, Apple Joins The Party Wall Street's rally kept rolling Monday, after a choppy morning gave way to gains nearly across the board. The modest advance saw the Dow building on record highs and the S&P 500 within 10 points of its best close of all time. http://www.forbes.com/sites/steveschaefer/2013/03/11/stocks-put-another-one-in-the-win-column-apple-joins-the-party/ Stocks back off record highs Investors are hitting the pause button after last week's...
Read More »Dow Jones Industrial Average News – Getty Images, Barry Ritholtz, NEW YORK, Marc Chandler
Stocks Put Another One In The Win Column, Apple Joins The Party Wall Street's rally kept rolling Monday, after a choppy morning gave way to gains nearly across the board. The modest advance saw the Dow building on record highs and the S&P 500 within 10 points of its best close of all time. http://www.forbes.com/sites/steveschaefer/2013/03/11/stocks-put-another-one-in-the-win-column-apple-joins-the-party/ Why this Historic Bull Market Has Precious Little Street Cred The four-year stock rally...
Read More »CNNMoney News – Nouriel Roubini, How Obama, Marc Chandler
ECB must cut rates or risk crisis again - Roubini The European Central Bank will eventually be forced to cut interest rates or risk an even deeper recession that could test the eurozone again by inflaming political and social tensions, American economist Nouriel Roubini has warned. http://rss.cnn.com/~r/rss/money_latest/~3/uvBWALQldFg/index.html How Obama plans to save Medicare The White House often says President Obama has a plan for reforming entitlements, particularly Medicare....
Read More »Dow Jones Industrial Average News – Barry Ritholtz, NEW YORK, Marc Chandler, Dow Jones
Why this Historic Bull Market Has Precious Little Street Cred The four-year stock rally is the eighth-longest in history, but is still held suspect by many investors http://www.businessweek.com/articles/2013-03-11/why-this-historic-bull-market-has-precious-little-street-cred#r=rss Stocks slip early Monday after record week NEW YORK (AP) — Coming off a record week, the stock market is drifting lower in light trading Monday....
Read More »CNNMoney News – Marc Chandler, Italy, Bob Diamond
Stocks back off record highs Investors are hitting the pause button after last week's record-breaking rally. http://rss.cnn.com/~r/rss/money_latest/~3/zRq-b_ftuns/index.html Italy's credit rating downgraded Fitch downgraded Italy's credit rating Friday, saying the lack of a stable government in Rome puts the nation's already fragile economy at risk. http://rss.cnn.com/~r/rss/money_latest/~3/M0R__pvDl7o/index.html Ex-Barclays CEO Diamond gets $3 million payday Bob Diamond stands to collect...
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