Dec29

Is the Economy Running Too Hot?

Posted by Mark Pettinga

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 »

 
 
Dec23

U.S. Economy Posts Strongest Growth in More Than a Decade

Posted by Mark Pettinga

The U.S. economy posted its strongest growth in 11 years during the third quarter, supported by robust consumer spending and business investment.

Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a seasonally adjusted … Read More »

 
 
Dec22

Sticking With the Bull

Posted by Mark Pettinga

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 »

 
 
Dec15

Outlook 2015: Stick With the Bull

Posted by Mark Pettinga

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 »

 
 
Dec08

Silver Lining in Europe’s Dismal Data

Posted by Mark Pettinga

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 »