Wow. The Dow 30 Industrials sliced through 18,000 to a record close last Tuesday like a knife through holiday salmon mousse, up some 175% from its 2009 low. And the index continued its rise through the rest of Christmas week. The same day, … Read More
The U.S. economy posted its strongest growth in 11 years during the third quarter, supported by robust consumer spending and business investment.
There was every excuse to sell stocks in 2014, but no real reason to do so. The year brought geopolitical turmoil, mixed messages about global economic growth, monetary-policy confusion, and more. Yet, as of Friday, the Standard & Poor’s 500 had gained 12% … Read More
Born in March 2009, today’s bull market is the fourth longest in history—and it isn’t about to end, despite last week’s shellacking. That’s the word from Wall Street’s top strategists, who expect the Standard & Poor’s 500 stock index to rise 10% in … Read More
Pressure on European equities from more dismal economic data is shaping up to be a cloud with a silver lining for investors. In a week when euro-zone inflation slipped further below the European Central Bank’s target, oil fell under $70 a barrel, and … Read More