By Jon D. Markman On July 8, 202006:28 AM Eastern
Stocks snuggled lower on Tuesday, pulled down by profit-taking after a string of daily gains and as rising COVID-19 cases pressured sentiment.
The Dow Jones Industrials opened down 100 points,...
By Jon D. Markman On July 7, 202003:05 PM Eastern
Stocks swirled in all directions Tuesday, placing the broad market at risk of breaking a winning streak following sobering economic warnings from Europe as the COVID-19 pandemic wears on.
...
By Sean Brodrick On July 7, 202001:52 PM Eastern
My friend Shirley Vaughan has always been kind to me. I’ve known her for decades — I’m friends with her adult children — and have spent some fun, memorable holidays at the Vaughan house.
At 91,...
By Sean Brodrick On July 7, 202011:45 AM Eastern
I watched yesterday’s precious metals rally with interest. Miners tried to sell off early on, but a rally in metals lifted them higher throughout the day. It culminated with a strong rally into...
By Jon D. Markman On July 7, 202006:28 AM Eastern
Stocks zipped higher Monday as fresh data showed signs that the economy continues to recover from the slowdown caused by the brutal COVID-19 pandemic.
The Dow raced out to a 375-point lead at...
“As chaos and riots sweep across the nation,” we noted in a July 3 tweet, “the Fed is pumping more and more freshly printed money into big, badly managed corporations.”
Indeed, “It reminds us of...
By Jon D. Markman On July 6, 202002:10 PM Eastern
Stocks are steaming higher Monday with momentum aided by signs of recovery in the embattled services sector, a key driver in the world’s largest economy as it continues to fight the impact of the...
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By Sean Brodrick On July 6, 202001:52 PM Eastern
Gold could be in for a significant summer rally. The second quarter wrapped up last week and gold saw its best quarterly performance in more than four years. The quarter ended in a wild whipsaw as...
By Martin D. Weiss, Ph.D. On July 6, 202010:29 AM Eastern
In the first wave of the coronavirus crisis, Americans suffered three devastating blows to their income:
Over 40 million were thrown out of work.
The interest they could earn on their savings...
By Jon D. Markman On July 6, 202006:28 AM Eastern
The third quarter started Wednesday and we are already off to a solid start. The summer months can often be a real snooze, but between the coronavirus, presidential election, high unemployment,...