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1 year anniversary of the market bottom, & the sustainability of the market's rally is addressed
Eric Linser, CFA | March 6, 2010
Happy Anniversary! If this is the Year of the Golden Tiger (not Woods!) then last year was the Year of the Bull. We should pop open the Champagne because we are a year past the market more ...
Eric Linser, CFA | March 3, 2010
(an article on the US stock market and technology shares)
February Marks Markets' Best Month Since November
The Dow Jones Industrial Average ended up 2.6% for February, the Nasdaq added 4.2% for the month and the S&P 500 gained 2.9%. The S&P 500 gain for February put a dent in its 3.7% January decline. Eight of the ten sectors were up for the month, with Consumer Discretionary leading the group more ...
Phil Diamond, CFA | March, 1, 2010
Okay, this past week we've had another disaster, not the earthquake in Chile, that's a natural disaster, not man-made. Okay, so Greece isn't a new disaster, they just got their debt downgraded by Standard & Poor's. Does that come as a surprise to anyone? Maybe it happened a little quicker than most folks expected, but given the history of credit ratings, at least they didn't wait until after they defaulted to cut it. Any more ...
Phil Diamond, CFA | March 1, 2010
Consumer Confidence swooned in February from January. The drop from 56.5 to 46 was far sharper than economists were expecting. The drop was largely due to changing attitudes about the jobs market and the pace of economic improvement according to the Conference Board. Not to editorialize (but we will), the people they interviewed to reach this conclusion must more ...
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