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finance

Oct 11, 2011

Stocks suffer worst quarter since 2009

The Dow Jones industrial average ended the third quarter of 2011 down 12 percent 鈥 the largest decline, by percentage, since the first quarter of 2009. That was after Lehman […]

Sep 9, 2011

Economic growth slows; Bernanke takes Congress to task

After rolling through Labor Day, we continue to have high unemployment. It’s at 9.1 percent, and even President Obama says it will remain high through 2012. If so, Republicans are […]

Aug 5, 2011

U.S. Congress reveals itself a circus

鈥淵ou can always count on Americans to do the right thing 鈥 after they’ve tried everything else.鈥 鈥 Winston Churchill All eyes have been on the U.S. Congress 鈥 unfortunately. […]

Jun 10, 2011

June swoon? Is sell in May and go away still applicable?

May was a bad month for stocks. The S&P dropped 1.4 percent for its worst loss in nine months. Since World War II, June has been flat as often as […]

May 6, 2011

Verdict on Bernanke’s first press conference

When I published 鈥淲ho Shot Goldilocks?鈥 in 2004, I recommended that the Federal Reserve announce rate decisions by communicating in plain English at a press conference where the chairman could […]

Apr 8, 2011

The Teflon market

Stocks recently enjoyed their best first quarter since 1998, and begin April on an upbeat note. For the first quarter of 2011, the Dow closed up 6.9 percent, the S&P […]

Mar 11, 2011

Just when we thought it was safe to go out in the woods…

Recent indicators show the world economy is strong. The U.S. Institute for Supply Management index just hit a seven-year high. Aided by U.S. workers dropping out of the workforce, according […]

Feb 11, 2011

Slow economic recovery yields few jobs

The stock market is often regarded as a leading indicator of the economy. If so, the market is forecasting a bright future. The underlying economy has shown growth in profits […]

Dec 10, 2010

Low job growth casts doubt on recovery

The U.S. economy added fewer jobs than expected in November. The weakness in the jobs report 17 months after the recession officially ended is a vivid reminder that we have […]

Nov 5, 2010

Victory leads GOP to House control

In the 2008 election, Independent voters supported Democrats by an 18 percent margin. In the recent midterm elections, they favored Republicans by 15 percent, and with that shift, the Democrat […]

Oct 12, 2010

After the best September for equity markets in 71 years, what’s next?

The markets last month recorded their best September since 1939. That was the month that Germany invaded Poland to begin World War II. For the month, the S&P 500 gained […]

Sep 10, 2010

Is this recession the new normal?

Fear lingers as worry of a double dip fades. What can the Federal Reserve do? The past quarter brought numerous gloomy headlines. The specter of a double-dip recession, a depression […]



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