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Europe: +44 (0) 207 198 1634 Equities and the Economy: The dog days of summer are in full swing with another lackluster day for U.S. equities. The Dow fell 23 points to 18,529, the S&P 500 lost a single point to 2,183 and the Nasdaq posted a gain of 6 to 5,245. All three indexes chopped around between positive and negative […]
Equities and the Economy: I was travelling on business last week and it was a good week for doing so because the equity markets were little changed on the week. Maybe it was the Olympics or the fact that most of Europe takes the month of August as a holiday but it was pretty quiet. […]
Equities and the Economy: Excellent day yesterday! The Dow chalked up a gain of 118 points, 0.64%, to finish at 18,614, the S&P 500 added a healthy 10 points, 0.47%, ending at 2,186 and the Nasdaq popped 24, 0.46%, to close at 5,228. Besides the nice gains here’s what made the day special. This is […]
Equities and the Economy: U.S. equities retreated marginally from record highs set on Friday (S&P and Nasdaq). The Dow closed off 14 at 18,529, the S&P 500 lost 2 points to 2,181 and the Nasdaq finished down 8 at 5,213. Total chatter. And actually pretty darn good being we’re at record highs and P/E ratios […]
Equities and the economy Our Fed Chairperson, Janet Yellen, spoke yesterday painting a mostly upbeat picture of the economy conceding that the May payrolls data was disappointing but adding it is only one data point which does not make a trend. She stated interest rates are forthcoming but gave no clue as to when. All […]
Equities and the economy As mentioned in Friday’s Blog, the headline data was the horrible May jobs report noting only 38,000 jobs were added in May. Putting into perspective how bad this report was, when the report was released the CNBC reporter reading the data said, “We seem to have lost a digit somewhere.” The […]
Equities and the economy Yesterday was a repeat of Tuesday with stocks beginning the day lower and clawing back to close pretty much unchanged. The Dow closed up 2 points at 17,790, the S&P 500 added the same ending at 2,099 and the Nasdaq finished up 4 at 4,952. As I’ve stated too many times, […]
Equities and the economy Good morning and I hope you had a great holiday weekend. U.S. stocks finished the week on a positive note with the Dow closing up 45 at 17,873, the S&P 500 adding 9 points to 2,099 and the Nasdaq closing up 32 points at 4,934. The major bourses had their best […]
Equities and the economy U.S. stocks fared better than Houston yesterday with 20 inches of rain falling in the city in a 24 hour period forcing the city to shut down, which is why the Blog was not published yesterday. The Dow, which gained 107 points, 0.60%, closed for the first time over 18,000, at […]
Equities and the economy U.S. equities skyrocketed yesterday, and you’ll never guess who you have to thank for it. Yes, that’s a “who” not a “what.” First the numbers. The Dow popped 165 points, 0.94%, finishing at 17,721, the S&P 500 rose 20 points, 0.97%, to 2,062 and the Nasdaq ended 0.80% higher, 39 points, […]
