S&P's (Meaningless) Milestone Just days after this bull market's fourth birthday, the S&P 500 is mere basis points from its all-time high of 1565.15. http://www.forbes.com/sites/larahoffmans/2013/03/11/sps-meaningless-milestone/ Stocks Put Another One In The Win Column, Apple Joins The Party Wall Street's rally kept rolling Monday, after a choppy morning gave way to gains nearly across the board. The modest advance saw the Dow building on record highs and the S&P 500 within 10 points of its...
Read More »Investment News – Getty Images, Marc Chandler, China, NEW YORK
Stocks Put Another One In The Win Column, Apple Joins The Party Wall Street's rally kept rolling Monday, after a choppy morning gave way to gains nearly across the board. The modest advance saw the Dow building on record highs and the S&P 500 within 10 points of its best close of all time. http://www.forbes.com/sites/steveschaefer/2013/03/11/stocks-put-another-one-in-the-win-column-apple-joins-the-party/ Stocks back off record highs Investors are hitting the pause button after last week's...
Read More »Dow Jones Industrial Average News – Getty Images, Barry Ritholtz, NEW YORK, Marc Chandler
Stocks Put Another One In The Win Column, Apple Joins The Party Wall Street's rally kept rolling Monday, after a choppy morning gave way to gains nearly across the board. The modest advance saw the Dow building on record highs and the S&P 500 within 10 points of its best close of all time. http://www.forbes.com/sites/steveschaefer/2013/03/11/stocks-put-another-one-in-the-win-column-apple-joins-the-party/ Why this Historic Bull Market Has Precious Little Street Cred The four-year stock rally...
Read More »CNNMoney News – Nouriel Roubini, How Obama, Marc Chandler
ECB must cut rates or risk crisis again - Roubini The European Central Bank will eventually be forced to cut interest rates or risk an even deeper recession that could test the eurozone again by inflaming political and social tensions, American economist Nouriel Roubini has warned. http://rss.cnn.com/~r/rss/money_latest/~3/uvBWALQldFg/index.html How Obama plans to save Medicare The White House often says President Obama has a plan for reforming entitlements, particularly Medicare....
Read More »Dow Jones Industrial Average News – Barry Ritholtz, NEW YORK, Marc Chandler, Dow Jones
Why this Historic Bull Market Has Precious Little Street Cred The four-year stock rally is the eighth-longest in history, but is still held suspect by many investors http://www.businessweek.com/articles/2013-03-11/why-this-historic-bull-market-has-precious-little-street-cred#r=rss Stocks slip early Monday after record week NEW YORK (AP) — Coming off a record week, the stock market is drifting lower in light trading Monday....
Read More »CNNMoney News – Marc Chandler, Italy, Bob Diamond
Stocks back off record highs Investors are hitting the pause button after last week's record-breaking rally. http://rss.cnn.com/~r/rss/money_latest/~3/zRq-b_ftuns/index.html Italy's credit rating downgraded Fitch downgraded Italy's credit rating Friday, saying the lack of a stable government in Rome puts the nation's already fragile economy at risk. http://rss.cnn.com/~r/rss/money_latest/~3/M0R__pvDl7o/index.html Ex-Barclays CEO Diamond gets $3 million payday Bob Diamond stands to collect...
Read More »Investment News – Marc Chandler, China, NEW YORK, Lincoln Ellis
Stocks back off record highs Investors are hitting the pause button after last week's record-breaking rally. http://rss.cnn.com/~r/rss/money_latest/~3/zRq-b_ftuns/index.html Futures edge lower on China data, Italy downgrade By Angela Moon NEW YORK (Reuters) - Stock index futures edged lower on Monday following last week's strong rally as Italy's credit downgrade and mixed data from China curbed investors' appetite for risky assets. * On Friday the S&P 500 climbed for a sixth straight day,...
Read More »Dow Jones Industrial Average News – NEW YORK, Marc Chandler, Dow Jones, China
US stocks fall in early trading NEW YORK (AP) — U.S. stocks are opening lower after turning in a record week. http://news.yahoo.com/us-stocks-fall-early-trading-135002962--finance.html Stocks back off record highs Investors are hitting the pause button after last week's record-breaking rally. http://rss.cnn.com/~r/rss/money_latest/~3/zRq-b_ftuns/index.html Anatomy of a Bull Market This weekend marked the four year anniversary of the 2009 market lows, and it comes just days after the Dow...
Read More »Go over ‘Cliff’ to solve fiscal woes – Chandler
GO OVER 'CLIFF' TO SOLVE FISCAL WOES - CHANDLER ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING: What's your general take on this whole fiscal cliff matter? MARC CHANDLER, GLOBAL HEAD OF CURRENCY STRATEGY, BROWN BROTHERS HARRIMAN (ENGLISH) SAYING: I think two important points. One is that it's not being imposed on the United States from the outside like it was for Greece or Spain or Portugal or Ireland. This is really, even though we think of it as a fiscal problem, it's really a political...
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