Flaunting one’s self at cocktail parties and red carpet events may be taboo during the current U.S. economic crisis, but one thing will always remain constant: the retail buying habits of women.
When ...
Friday, November 20, 2009
With only 37 shopping days remaining until Christmas, economists and analysts are projecting a very soft holiday spending season. Considering over one-half of all retail revenue for the year occurs between ...
Wednesday, November 18, 2009
The Commerce Department released the October retail sales report Monday morning and, on the surface, the report provided a much-needed boost that the U.S. consumer is returning to pre-recession spending ...
Monday, November 16, 2009
President Barack Obama commenced his Asia Tour this week ready to hold conversations about economic relations between the United States and the region; only to be upstaged by renewed geopolitical threats ...
Friday, November 13, 2009
Once the time reached the eleventh hour, of the eleventh day, of the eleventh month, Americans around the world took a moment to remember our military veterans and the sacrifices they have put themselves ...
Wednesday, November 11, 2009
The United States Marine Corps celebrates its 234th birthday today, which also happens to be the eve of Veterans Day. How fitting to have two major military dates fall during a week where the United ...
Tuesday, November 10, 2009
In the wake of last week’s sudden attacks on Fort Hood and this week’s Veterans Day celebrations, many on Capitol Hill are beginning to discuss another subject other than health care: Defense ...
Monday, November 09, 2009
The improving jobs picture took a turn for the worse this morning when the Labor Department released its monthly nonfarm payrolls report along with the current unemployment rate. Both data points reported ...
Friday, November 06, 2009
Voters flocked to the polls yesterday in a couple of key regional races that attracted the attention of a national audience, and may have set the tone for the 2010 mid-term elections. The voters, regardless ...
Wednesday, November 04, 2009
Recent memory fails to remember a week bigger than what we have in store for us as a total of 16 economic reports are set to be released, which should help verify if a recovery is in place. None of those ...
Monday, November 02, 2009
Crude oil prices are trading 1% lower today following a 3.1% jump yesterday after the Commerce Department released the Gross Domestic Product figure for the third quarter. The GDP report detailed the U.S. ...
Friday, October 30, 2009
Crude oil prices are beginning to settle closer to the summertime average of $75 a barrel as recent government reports show gasoline inventories rising a surprising 1.6 million barrels; the first increase ...
Wednesday, October 28, 2009
With the third quarter earnings season almost over, Wall Street traders are beginning to turn their attention to oil as prices continue to rise for the dollar-denominated commodity. This week, the big ...
Monday, October 26, 2009
Housing data released this week continues to discredit any argument supporting a housing recovery, as the Homebuilder’s Index, Building Permits, Housing Starts and stats on Existing Home Sales all reported ...
Friday, October 23, 2009
The second full week of third quarter earnings is sharing headline space this week with the housing sector, as a handful of released reports are causing renewed concerns on the damaged industry. Wall ...
Wednesday, October 21, 2009
With For Sale signs abundant across most of the United States, any releases on the housing sector data are closely analyzed and dissected for signs the recovery is firmly in place. With four major indicators ...
Monday, October 19, 2009
As the world watched a saucer-type contraption shoot through the Colorado sky yesterday holding what many believed to be a six-year-old boy, one could not help but draw the ironic correlation between the ...
Friday, October 16, 2009
The Dow Jones Industrial Average crossed the psychological level of 10,000 for the first time in a year as solid earnings from Intel Corp. (INTC:NASDAQ) and JPMorgan Chase & Co. (JPM:NYSE) helped ...
Wednesday, October 14, 2009
The third quarter earnings season continues this week, with investors eagerly awaiting detailed reports that American corporations are clearly on the path to full recovery from the recession. Over 200 ...
Monday, October 12, 2009
On a day that the United States purposely crashed two rockets on the moon, China opted for its own meteoric launch by sending shares of its largest index up 4.8% today. The Chinese returned from their ...
Friday, October 09, 2009
U.S. markets today continue to trade in a holding pattern today as investors, and the mere curious, are anxiously awaiting for Alcoa (AA:NYSE) to report third quarter earnings after the bell. Alcoa’s ...
Wednesday, October 07, 2009
The third quarter earnings season is scheduled to commence this week and many on Wall Street expect S&P 500 companies to report significant increases in revenue, which should help the market continue ...
Monday, October 05, 2009
The Labor Department released its September jobs report this morning and the figure came in much more dire than previously forecasted. Employers eliminated 263,000 jobs last month and the unemployment ...
Friday, October 02, 2009
Crude oil prices are rallying on Wednesday after the latest U.S. government report showed a 1.6 million barrel drop in gasoline inventories. Gasoline demand is up over 5% over the past four weeks.
In ...
Wednesday, September 30, 2009
In a continuing trend of mega-mergers and buyouts, two more blockbuster deals were announced this morning.First, Xerox Corporation (XRX:NYSE) announced today it will purchase Affiliated Computers Services ...
Monday, September 28, 2009
The matter of the economic crisis and global recovery has been front and center at this week’s G-20 summit in Pittsburgh, Pa.. The consortium of 20 developed and emerging economies has pledged 100% fiscal ...
Friday, September 25, 2009
This morning, Barack Obama will arrive at the United Nations to give his first speech as President of the United States amid an abundance of international issues to deal with. The president has made a ...
Wednesday, September 23, 2009
On the heels of buyout and investment deals from the likes of Walt Disney, Kraft and KKR, we wake this morning to another deal: Dell’s $3.9 billion takeover offer for computer services maker Perot Systems, ...
Monday, September 21, 2009
After reaching a 13-month high on Thursday, and adding more than 1,000 points in the two previous sessions, Hong Kong shares dropped on profit-taking and concerns that the market may be overextending ...
Friday, September 18, 2009
The United States Labor Department released its monthly cost of living report this morning with the eyes of the Federal Reserve locked in on the closely monitored “core” rate. The print, ...
Wednesday, September 16, 2009
This week marks the one-year anniversary of Lehman Brothers’ bankruptcy filing, which many argue accelerated the global financial meltdown thus resulting in government reform and bailout deals. President ...
Monday, September 14, 2009
The price for an ounce of gold topped the psychological level of $1,000 yesterday, closing up $5 and rallying another $7 this morning as the Dollar Index hit a new one-year low, thus forcing investors ...
Friday, September 11, 2009
Overnight, Asia stocks dropped 0.7% in the aggregate, taking markets down 2.9% for the week. This is the steepest drop since the week of June 19. The Nikkei (-1.4%) and Hang Seng (-0.6%) were the loss ...
Friday, August 21, 2009
The stability of gold has been an attractive characteristic for investors still feeling uneasy about the volatility in the U.S. stock market and the viability of an economic recovery, as bullion has ...
Wednesday, September 09, 2009
Investors waited in eager anticipation for the most important economic release of the month: The August Jobs Report. With Saturday marking the 200-day anniversary of the American Recovery and Reinvestment ...
Friday, September 04, 2009
Saturday will mark 200 days into the Obama stimulus plan and the jobs picture continues to be just as fragile as ever. The administration expected this week to be the precursor to an accelerated growth ...
Thursday, September 03, 2009
Historically, the worst performing month of the year for stocks is September, and yesterday’s action did not disappoint the pessimists and those who think we are due for a correction.
The S&P ...
Wednesday, September 02, 2009
Stocks plummeted last night in China with the Shanghai Composite losing 6.7% to 2,667.745 as investors headed for the exits following more talk about tighter credit lending standards. The sell-off marked ...
Monday, August 31, 2009
All eyes will be on this morning’s University of Michigan Consumer Sentiment reading scheduled to be released at 10:00 a.m. ET. The preliminary read on August sentiment, released Aug. 14, matched ...
Friday, August 28, 2009
Since hitting its low on March 9, the S&P 500 Index has rallied 51.9% going into today – an unprecedented annualized rate just north of 110%. What’s even more amazing about the bullish ...
Wednesday, August 26, 2009
Overnight, Asia stocks dropped 0.7% in the aggregate, taking markets down 2.9% for the week. This is the steepest drop since the week of June 19. The Nikkei (-1.4%) and Hang Seng (-0.6%) were the loss ...
Friday, August 21, 2009
There was intense volatility in the trade-weighted dollar index leading up to the release of yesterday’s statement by the Federal Open Market Committee (FOMC) – a familiar pattern witnessed by traders ...
Thursday, August 13, 2009
