By Jon D. Markman On June 18, 202002:03 PM Eastern
Stocks sagged Thursday after a larger-than-expected number of Americans joined millions of others in the unemployment ranks, with the data coming in alongside reports of further increases in...
By Jon D. Markman On June 18, 202006:28 AM Eastern
Stocks swarmed every which way on Wednesday as concerns over rising COVID-19 cases in some U.S. states weighed on positive sentiment that the economy is recovering after being shut down during the...
By Jon D. Markman On June 17, 202002:10 PM Eastern
Stocks seesawed Wednesday, with the Dow Jones Industrial Average only gaining ground in the afternoon after trekking lower in the morning following more reports of rising COVID-19 cases in the...
By Jon D. Markman On June 17, 202006:28 AM Eastern
Stocks swarmed awkwardly higher Tuesday, like determined penguins on a shaky iceberg, as investors’ spirits were boosted by an unexpectedly strong jump in monthly retail sales even as the head of...
By Mike Larson On June 17, 202003:00 AM Eastern
For every borrower, there’s a lender.
But when discussing interest rate cuts, pundits and policymakers always focus on the benefits to the former ... NOT the costs to the latter.
And guess...
It has been one heck of a volatile few days in the market. Stocks fell sharply, then rallied sharply since early Monday morning amid a flood of conflicting sentiment, economic, and other data.
...
By Jon D. Markman On June 16, 202002:00 PM Eastern
Stocks are swarming higher Tuesday as investors’ spirits were boosted by an unexpectedly strong jump in monthly retail sales even as the head of the Federal Reserve warns of tough times ahead.
...
By Sean Brodrick On June 16, 202001:17 PM Eastern
I can think of many reasons why stocks should go down: Nosebleed valuations, the drag from unemployment and more. And yet, we have to face the fact that the Fed keeps pointing a firehose of money...
By Sean Brodrick On June 16, 202011:35 AM Eastern
Last week, I told you that the FOMC announced it would hold interest rates low for a long time, and how that should be bullish for gold.
Well, while gold spent the rest of the week higher, gold...
By Mike Larson On June 16, 202008:00 AM Eastern
Remember the volatility we started seeing in February?
It’s baaaccckkkk!
Just over the past few days, we saw the Dow Jones Industrial Average plunge more than 1,800 points … then rally more...