US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Equities and the Economy Santa continues to deliver gifts well past Christmas giving a wonderful present yesterday of materially higher stock prices. The Dow rose a big 193 points, 1.10%, ending at 17,721, the S&P 500 added 22 points, 1.05%, finishing at 2,078 and the Nasdaq was the winner on the day climbing 1.33%, 67 […]
HOUSTON — Investment research group Morningstar said Tuesday that the oil glut and low prices are likely to last at least through next year. “Declining U.S. oil production over the next several quarters will help reduce global oversupply, but in our opinion, that alone cannot quickly fix the current global imbalances, signaling an extended downturn […]
Equities and the Economy Good morning. The last Blog was December 23rd reflecting the market action of December 22nd so let’s see what’s transpired since then. On December 22nd the Dow closed at 17,417, the S&P 500 at 2,039 and the Nasdaq at 5,001. Yesterday the Dow closed at 17,528, the S&P at 2,057 and […]
In the spring of 2009, in the depths of the Great Recession, the commercial photographer Jamey Stillings was having a hard time. The work had dried up at his Santa Fe, N.M., studio, so he decided to shift gears and put his energies in a different direction. Mr. Stillings had survived recessions before, so he […]
Equities and the Economy Santa is working his tail off to bring us a good holiday. U.S. equities rose nicely yesterday following Monday’s gains with the Dow popping a sweet 165 points, 0.96%, closing at 17,417, the S&P 500 rose 18, 0.88%, to 2,039 and the Nasdaq returned to ever 5,000 adding 32 points, 0.65%, […]
Congressional negotiators announced late Tuesday evening that a deal has been reached on the long-awaited government spending bill. Included in the $1.1 trillion bill are provisions to lift the 40-year-old ban on the export of crude oil finally bringing an end to the heavily debated issue. In exchange for lifting the ban, Democrat legislators won […]
Equities and the Economy Santa’s workshop was in full swing yesterday bringing a nice rally on the first day of Christmas week. The Dow was up and down all day and a one point trading marginally negative but in the last hour posted a strong rally ending the day up 123 points, 0.72%, at 17,252. […]
One of the fastest growing but barely covered areas in the sports industry is facility operators’ gradual movement from old fashion metal halide lighting to state-of-the-art LED (Light Emitting Diode) lighting. It was once believed that lighting large venues with LED was an impossibility. In 2015, an estimated 90% of facility operators who installed a […]
Equities and the Economy Last Friday was, unfortunately, just a bad a day as last Thursday. The Dow closed down an ugly and material 2.10%, 367 points, at 17,129, the S&P 500 lost 36 points, 1.76%, to 2,006 and the Nasdaq fell an even 80 points, 1.59%, ending at 4,923. Friday was the Dow’s worst […]
Equities and the Economy The rally is in full force however yesterday it wasn’t Santa Clause who brought the present, but it is someone with white hair: Janet Yellen. And the present was the strangest form, an interest rate hike. So how can this be?! Especially when the Fed said the hike was a tentative […]
