September 5, 2019
““We were looking for a correction in August, but we believe the market will rally into the end of the year,” Matejka said in an interview. “The key call is that the U.S. is not headed for a recession. The… Continue Reading…
September 4, 2019
“Unable to stomach turbulence driven by the escalating conflict between China and the United States, and leery of a darkening outlook for the economy, investors have been pulling money out of the stock market and buying bonds, the traditional place to… Continue Reading…
September 3, 2019
“The dollar hit a two-year high Tuesday as slowing global growth and more aggressive monetary easing overseas sent investors into the reserve currency. The U.S. Dollar index rose to a high of 99.37, its highest level since May 2017, when… Continue Reading…
September 3, 2019
“Hedge funds are becoming slightly more pessimistic about the outlook for oil and the economy, though position changes remain small owing to the holiday season in North America and Europe… Fund managers sold a total of 26 million barrels in… Continue Reading…
September 2, 2019
“Massachusetts ranked as the most expensive state to buy a home in, according to a report from personal-finance website SmartAsset. The analysis assessed 48 states and Washington, D.C., based on the following metrics (Delaware and Louisiana were not included due to… Continue Reading…
August 30, 2019
“US stocks on Thursday had their best day in roughly two weeks on hopes that trade tensions between the United States and China could ease… August is shaping up to be the second worst month for stocks this year, in sharp contrast… Continue Reading…
August 29, 2019
“As economists and investors debate whether or not a recession looms on the horizon, small business owners believe the economy is poised to keep growing. But they’re nowhere near as confident as they were a year ago at this time. Small business… Continue Reading…
August 29, 2019
“The U.S. economy grew at a 2.0% annualized rate in the second quarter of 2019, the Bureau of Economic Analysis reported Thursday in a second estimate of gross domestic product. Thursday’s report revised the preliminary estimate of 2.1% growth released last month… Continue Reading…
August 28, 2019
“The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history. Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs… Continue Reading…
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