Just when it looks like your retirement portfolio might recover after all, a day like today comes along. The financial markets are in turmoil today, responding to all sorts of news — mainly political news. In addition to disappointing housing … More
The stock market is heading higher today, as part of a wider global equity rally. Earlier, James Bullard, the president of the St. Louis Federal Reserve, and a member of the Fed board, mentioned that he thought that the economic … More
Looking at Wall Street right now, you would never know that we just came out of a recession. And it is worth noting that for most regular folks, the end of the recession is merely a technical economic detail. Individuals … More
The Federal Reserve should be announcing its interest rate decision later today, and stocks are heading higher on the assumption that the Fed is likely to keep interest rates near 0%, as well as the expectation that the Fed will … More
A sequel to the hugely successful movie, Wall Street (1987), is scheduled to hit theaters sometime in 2010 and it already sounds like it’s going to be great. The original flick was directed by Oliver Stone and starred Michael Douglas, … More
