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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. I hope you had a pleasant holiday weekend. Let’s get last Thursday, the last day the U.S. markets were open, out of the way for a lot has occurred since that time. On Thursday the Dow fell 28 points to 17,730 losing 1.2% for the week. The S&P 500 […]
Equities and the Economy Good morning and happy National Anisette Day. Ok. Let’s just get it out of the way first. Greece. With the Greek referendum scheduled for Sunday and despite overtures from the Greeks, the Brussels Group has ceased negotiations until after the referendum. It makes total sense. If the Greeks vote “Yes” then […]
Equities and the Economy Good morning and happy National Creative Ice Cream Flavors Day. Stocks bounced marginally back from the huge losses they took on Monday with the Dow closing up 23 at 17,619, the S&P 500 climbing 5 to 2,063 and the Nasdaq 29 points higher finishing at 4,987. You should feel pretty good […]
Equities and the Economy Good morning and happy National Meteor Watch Day. A meteor hit global equities yesterday like it is believed to have done to the earth 65 million years ago wiping out most of the dinosaurs. On the news over the weekend that there was no Greek deal and that Prime Minister Alexis […]
The Supreme Court ruled Monday that the Environmental Protection Agency acted “unreasonably” when it failed to consider costs before deciding to regulate mercury and other toxic emissions from power plants under the Clean Air Act. The court’s 5-4 ruling did not void EPA’s authority to regulate the emissions but will require the agency to rewrite […]
Equities and the Economy Good morning happy National Waffle Iron Day. It was another wait and see day Friday with the major indexes closing pretty flat to Thursday. The Dow did manage a 57 point (0.32%) gain ending at 17,947 however the S&P 500 ended dead flat to Thursday at 2,102 and the Nasdaq lost […]
Equities and the Economy Good morning and happy National Chocolate Pudding Day. Equities began the day painting Wall Street a nice green but they ran out of green paint around 1 PM CDT and went to the hardware store for more but I surmise they are red/green color blind because when they returned they started […]
Equities and the Economy Good morning and happy National Bomb Pop Day. Well a bomb went off on Wall Street yesterday sending the Dow down 179 points (0.98%) closing at 17,966, the S&P 500 fell 15 (0.72%) ending at 2,109 and the Nasdaq lost 38 (0.74%) finishing at 5,122. The selling began early but once […]
Equities and the Economy Good morning and happy National Pralines Day. Stocks rallied nicely in Europe but it was a choppy session here in the U.S. with the major indexes inching higher. The Dow closed 24 points up at 18,144, the S&P 500 added a single digit ending at 2,124 and the Nasdaq climbed 6 […]
Equities and the Economy Good morning and happy National Pecan Sandies Day. It was an very good day on Wall Street yesterday and although the major indexes closed well off their highs I’ll take a day like yesterday all day every day. The Dow gained 104 points (0.58%) ending at 18,120, the S&P 500 climbed […]
