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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. On below average volume U.S. equities posted their 4th consecutive session of gains yesterday with the Dow closing up 76 points (0.42%) at 18,054, the S&P 500 adding 9 (0.45%) to 2,109 and the Nasdaq up 33 (0.66%) to 5,105. Yesterday’s Dow performance was enough to get the index […]
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 Pina Colada Day (Google Rupert Holmes). On the heels of a big rebound in Chinese stocks and a continued strength in European stocks U.S. equities bounced back from Wednesday’s horrific sell-off with the Dow closing up 33 points, the S&P 500 adding 5 to 2,051 and the […]
Equities and the Economy Good morning. It was Armageddon here in the U.S. yesterday. Although European stocks staged a rally after 4 consecutive losing days Asian shares, especially the crash that’s going on in China, and the Greek matter crushed U.S. stocks. The main indexes saw selling pressure all day and ended the day near […]
Equities and the Economy Good morning. Wow! What a wild ride yesterday! U.S. equities staged a dramatic finish Tuesday after a vicious morning of selling ending the session with modest gains. The Dow finished up 93 (0.53%) at 17,777, the S&P 500 rose 12 (0.59%) to 4,997 and the Nasdaq climbed 5 (0.10%) to 4,997. […]
Equities and the Economy Good morning and happy National Father Daughter Take a Walk Day. After the “No” vote, let the punishment begin. That’s in reference to what the Greeks may be bringing on themselves in a debtor vs. creditor battle played out on the world’s stage but unfortunately our 401K’s are feeling the pain. […]
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 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 […]
