Mar 12, 2014
Russian stocks were about 50 percent below their 2008 highs when Russian forces intervened in Crimea. The Russian stock market sold off even more on that news and the price-earnings (P/E) ratio fell to 6, about one-third the level of the S&P 500.
Mar 7, 2014
Many analysts and officials at the Federal Reserve have been blaming cold weather in December and January for economic weakness. Freezing cold has become the standard excuse for weak retail sales, high unemployment claims and a variety of other reports.
Mar 5, 2014
Obama's approach to foreign policy is a threat to the bull market in stocks that should not be ignored. Global events can quickly spiral out of control without leadership and result in a bear market. Until someone leads from the front, the risk of a global crisis that ends the bull market is high.
Feb 28, 2014
New orders for durable goods are one of the few economic indicators that provide insight into the stock market. This week's report showed stock prices could continue rising because the indicator is bullish.
Feb 26, 2014
Among the biggest stories in the stock market last week was Facebook's (FB) acquisition of WhatsApp for $19 billion, an amount that is more than the GDP of 86 of the 193 countries recognized by the United Nations.
Feb 21, 2014
President Obama has gotten many things wrong in the past few years, but investors should pay attention to one thing he understands very well — stories can be more important than policy is.
Feb 19, 2014
Men's Wearhouse (MW) tried to buy competitor Joseph A. Banks (JOSB) at a large premium to the stock's price. The deal made sense because it could be partly financed with $340 million in cash that Joseph A. Banks carried on its balance sheet.
Feb 14, 2014
Analysts are blaming the bad weather for everything in recent weeks. Job growth is one example, with analysts claiming the unemployed were unable to look for jobs because of the cold and snow. Now, retail sales came in below expectations and analysts blamed the cold.