All Posts Tagged With: "Dow Jones"
Why Poor Presidential Approval Ratings Make for Great Stock Markets
No question, President George Bush’s approval ratings have pulled an “Enron.”
A Phantom Increase in Income
If you are like me, you are suddenly realizing that your income did not go up by 0.2%, or any percent, because if it did, it seems like you would have remembered it. And anyway, if my income DID go up, then where in the hell is all of this money?
US Inflation Rate Rises 0.6% in May
The US inflation rate rose by 0.6% in May — the highest monthly increase since last November.
The core inflation rate, however, which excludes volatile food and energy prices, only rose 0.2%, easing fears that rising commodity prices would feed into more widespread inflation
But can the government’s inflation data be trusted? John Brown in The Daily Reckoning doesn’t think so…
At Lehman, a Rising Star Falls
As recently as a month ago, Erin Callan was on top of the world. The WSJ did a glowing piece on her rise through the ranks. Condé Nast’s Portfolio magazine dubbed her the most powerful woman on Wall Street.
Oil ‘Bulls’ its Way Above $139 on its Way to a New Record as the U.S. Dollar Resumes its Descent
Crude oil for July delivery traded at an all-time high of $139.12 a barrel on the New York Mercantile Exchange today (Friday), after the U.S. dollar nosedived on speculation that the European Central Bank would raise its key lending rate and on worries that a bigger-than-expected spike in unemployment meant the U.S. economy was far weaker than feared.
Warning: Trouble Ahead
It’s over. The bear-market rally of the past two months ended last week.
NRG Looks to Electrify its Business with $11.3 Billion Calpine Takover
The Transport Bull Market: It’s Official. It’s Amazing
Warren Buffett knew what he was doing when he bought railroads.
Crude Plummets, but Then Recovers
In the energy market Thursday, crude for June delivery tumbled early, as far as $120.90, before late buying pushed it nearly all the way back, to close at $124.12/barrel, down just 10 cents.
Being Right and Sitting Tight
It’s important to be able to “step back” once in a while — in life, in work, and in markets, too. For those who would be rich, patience and wisdom count for far more than being clever.
Latest News
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- Housing Bill a Major Threat to Privacy10:03am CDT
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- One in Ten US Mortgages Owned by Foreigners2:08pm CDT
- GE Redefines its Business by Breaking with Tradition and Expanding Overseas12:51pm CDT
- Paulson Continues to Advocate Potential $25 Billion Bailout of Fannie Mae and Freddie Mac12:36pm CDT
- Schlumberger (SLB): The Safest Play on Emerging-Market Oil12:35pm CDT
- US Stock Rally Is a Dead-Cat Bounce12:11pm CDT
- Resources Stock Roundup Wednesday July 23, 200811:28am CDT
- Base Metals Mostly Lower, but Lead is on a Tear as Inventories Skid11:16am CDT
- Crude Falls Off, Tropical Storm Dolly Will Do No Damage10:54am CDT
- Dollar Rushes Higher, Treasury and the Fed Make Support Talk10:31am CDT
- Precious Metals Take a Hosing; Other Markets Line Up Hard Against Them10:27am CDT
- How to Profit From Airlines’ Push for Fuel Efficiency10:23am CDT
- Congress Never Agrees With OPEC… Until Now9:02am CDT
- Why Invest in ETFs?8:39am CDT