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Europe: +44 (0) 207 198 1634 Equities and the Economy Saying August 2015 was a lousy month would be an understatement for it was the worst for Wall Street since 2012 erasing some $5 trillion in global equity value. Unfortunately, September picked up right where August ended. All the major indexes suffered heavy, triple digit losses with investors fleeing riskier assets […]
Equities and the Economy Good morning and happy National Watermelon Day. U.S. equities ended the week on a weak note with all three major indexes posting marginal losses. The Dow ended down 56 points, .032%, the S&P 500 fell 5, 0.22%, to 2,104 and the Nasdaq was off a single digit to 5,128. Energy stocks […]
Equities and the Economy Investors sighed a breath of relief as the world averted a Grexit increasing their appetite for risk buying riskier assets and pushing stock prices around the world higher. Oh, and Chinese stocks rose as the government continues to manipulate the stock market there. The day’s gains were broad with the Dow […]
Equities and the Economy Good morning. Whoo-hoo and whoo again! And again! Financial markets around the world surged on Friday after Greece tabled a fresh package of reforms to creditors with investors taking the developments that the new plan could finally spell the end of the dramatic stand-off that shut the Greek financial system down […]
Equities and the Economy Good morning and happy National Peanut Butter Cookie Day. There were a few fundamental economic reports out yesterday which pushed stocks higher. The most important was the Commerce Department’s Retail Sales report which showed May sales were up 1.2% which although below economists’ forecast of 1.3%, were up for the third […]
Equities and the Economy Good morning and happy Name Your Poison Day. The last Morning Energy Blog was published last Wednesday reflecting Tuesday’s market action so let’s see what’s transpired since that time. On Tuesday the Dow closed at 18,012, the S&P 500 at 2,110 and the Nasdaq at 5,077. On Friday the three indexes […]
Equities and the Economy Good morning and happy National No Dirty Dishes Day. Carry on Wayword Son! No, I’m not talking about Kansas. I’m talking about the S&P 500 which on Friday closed at a record high for the second straight day. I know it barely did so (+2 points to 2,123) but I don’t […]
Equities and the Economy Good morning and happy Cinco de Mayo (cerveza fria, pour favor!). U.S. stocks finished modestly higher yesterday extending Friday’s gains albeit on less than normal volume. The Dow climbed 46 to 18,070, the S&P 500 closed up 6 at 2,114 and the Nasdaq finished at 12 at 5,017. The only piece […]
Equities and the Economy Good morning and happy National Tuba Day. It was a second consecutive bad day for stocks all around the world yesterday with the Dow falling 195 points (1.08%) and once again below 18,000 to 17,841. The S&P 500 lost 21 (0.99%) to 2,086 and the Nasdaq got pounded like Mayweather and […]
Equities and the Economy Good morning and happy National Hairball Awareness Day. U.S. equities posted modest gains yesterday but it was good enough for the Nasdaq to close at its highest level in 15 years! Whoo-hoo! The tech heavy index rose 21 points (0.4%) ending at 5,056 surpassing the 15 year high set on March […]
