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The Chinese yuan dropped in value three straight days until Friday, finishing the week with a 3% loss. Beijing authorities tried to stabilize the situation by saying the currency didn’t have...
In a follow-up to a column by my colleague Mike Burnick last week, I am taking a look at the important market topic. Technical analysts have been fretting a lot recently about the narrowing...
Stocks have stayed largely in reverse gear in the last week following weaker-than-expected earnings reports and a continued rout of commodities, energy stocks and high-yield bonds. When you...
It’s been lost in the kerfuffle over the Greek “No” vote this weekend, but there was an important jobs report issued on Thursday. The June payroll data’s headline figure was 223,000 jobs gained,...
You may have heard that California is experiencing an historic drought — the worst in 200 years by some measures. While this might seem like a problem isolated to lawns and swimming pools in the...
Academics love to say that the market is efficient and reflects all publically available information with Vulcan-like logic and lack of emotion. Yet any third-grader with experience in a sandbox...
Since Dec. 30, every single session has featured a move in the S&P 500 of greater than 1 percent, according to Jason Goepfert of Sundial Capital. That includes any session when the day’s high is...
The pileup of stocks in the first two weeks of 2015 has furrowed a lot of brows but it should not be much of a mystery. Fund managers are selling stuff that had worked last year, like utilities...