The manhunt continues in Belgium and other parts of Europe for one of the planners of the Paris terror attacks. This would be a great time to zero in on economic woes in Europe that not only persist, but also have opened the door to terror. In many ways, we could say that the welfare state replaced not only traditional capitalism, but it also allowed and encouraged the entire continent to forego population growth.
Markets are flat ahead of this holiday week, but the US Dollar continues to surge, and with it come challenges for multination corporations and commodities.
After taking the admittedly unprecedented steps, the Federal Reserve has finally reached the point where it must return.
The resolve of the markets continues in light of the latest developments in Paris with at least two more dead, including a woman who blew herself up. Despite all of this, the markets remain in the green and the DOW is up for the third straight day.
The markets remains resilient Tuesday as the DOW, S&P 500 and Nasdaq are all in the green. The latest read from the Labor Department on Consumer Price Index (CPI) shows a 0.2% increase October after a 0.2% decline in September.
It hasnt been uncommon for our stock market to hold or even rally in the hours immediately following a terror attack.
This week, the market is beginning to take on the lyrics from one of Hank Williams, Jr.s biggest hits. The question isnt about country boys surviving; it is about the October bounce not going dry.
It was a difficult session for the market, but one group stood out in the middle of the session-railroads.
After six straight weeks higher, the market was set to open rather subdued Monday.
Janet Yellen dropped a bombshell yesterday, and the market paid attention. The stock market rallies grinded to a halt and gave up some ground.
Wow, dont look now, but Bitcoin (BTCUSD) is coming on strong!
Crude oil continues to rally higher in a move that was sparked by nothing, but has in turn sparked speculation about the Fed, China and hedge funds in trouble.
The market was relatively quiet until the September Durable Goods number came out. A gauge for the U.S. economy, business investment was weak again.
Once again, it was another difficult day for the market and critical for old school Industrials. On the surface, it was choppy overall, a lot of destruction beneath big names- once more, masking the pain, although there is nowhere to hide.
Progressives want to build the ultimate welfare Utopia; under Obama, they have been reminded that it will cost a lot of money and the last big honey pot are corporate balance sheets.
Theres a general malaise in the nation that isnt reflected in many official economic reports that point to higher optimism, low inflation and a nation on the mend.
Markets edged higher into the close once again. The buy on dip crowd is decidedly smaller than it was coming into the year, but its regaining its confidence.
Its getting cold outside, but its hot inside as the stock market continues to edge higher with an impressive session on Friday.
There was a lot of chatter yesterday about a so-called death-cross transition in the U.S. Dollar Index chart. This is the movement on a chart when the 50-day moving average moves below the 200-day moving average, which is generally a bearish signal.
It was a tough session for transportation names after Ryder(R) lowered guidance and a second-tier brokerage firm lowered its ratings and targets on Jet Blue (JBLU) and American Airlines (AAL). We cannot ignore that this is the moment of truth for transportation names.