The Market Shows a Different Tone 10-15-14

The day started poorly for U.S. stocks as the S&P 500 flirted with booking its fourth drop of 1 percent or more in the last five sessions following a widespread selloff in Europe. Some weaker-than-expected U.S. retail and producer price index data did not help matters. On their own, the data weren’t dreadful, but with market sentiment more negative than it has been in a very long while, these factors added fuel to the fire. Read more about The Market Shows a Different Tone 10-15-14

The Fed Sparks a Rally 10-08-14

This afternoon, the Fed released the minutes from the September FOMC meeting and stocks rallied, recovering some ground after overseas growth concerns and Fed tightening worries at home pushed the S&P 500 to a two-month low. The blue chip index rebounded strongly today, logged its best day of the year, gaining 1.75 percent. Read more about The Fed Sparks a Rally 10-08-14

Global Concerns Weigh on Market 10-01-14

The fourth quarter began today and stocks have begun the new quarter the way the third one ended, down. For the September quarter, the S&P 500 squeaked out a 0.6 percent gain. But the small fry did far worse: the Russell 2000 logged its worst quarter in three years, falling 7.7 percent, an indication that even as the blue chips were setting new highs, investors were reducing their exposure to smaller cap equities. Read more about Global Concerns Weigh on Market 10-01-14

William Dudley Warns on the Dollar 09-24-14

As discussed last week, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) kept intact the “considerable time after the asset purchase program ends” language vis-à-vis when the committee feels it will be appropriate to begin to “normalize” interest rates. Had the FOMC set a firmer guideline it would have been interpreted as a precursor to actually raising rates. However, the monetary policymakers again proved their dovish inclination. With moderate economic growth, slack in the labor market, and tame inflation, the Fed has leeway to wait to raise rates. Read more about William Dudley Warns on the Dollar 09-24-14

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