24/7 Wall St. Wire
24/7 Wall St. Wire Articles
Frank Golhen, via Wikimedia CommonsThe New York Stock Exchange and other exchanges are winning from the rebound in stock markets to new all-time highs. There may be one issue of concern, and that is...
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ThinkstockThe revised consumer sentiment report from Reuters/University of Michigan is out, and the second December reading hit 82.5 for the month. The prior report was also 82.5, and the Bloomberg...
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ThinkstockThe Federal Open Market Committee just finished what is very likely its last or next to last real decision-making meeting under Ben Bernanke. The long and short of the matter is that...
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ThinkstockThe Federal Reserve is due to start its two-day FOMC meeting to determine whether to taper its bond buying activities under its quantitative easing measure. If the Labor Department’s...
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Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with its report on weekly jobless claims, and the report showed a serious surge in new jobless claims. It also reverses a series of...
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ThinkstockThe Reuters/University of Michigan Consumer Sentiment report rose to 82.5 for the preliminary December report, from a final November reading of 75.1. Dow Jones was calling for only 76.5,...
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ThinkstockThe U.S. Labor Department is out with what appears to be a stellar unemployment report for November. The good news is that the payrolls were not too far above whisper numbers after a strong...
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ThinkstockMore strong news is out on the jobs front. The U.S. Labor Department reported that weekly jobless claims fell to 298,000 in the latest week. Dow Jones was calling for about 320,000, and...
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ThinkstockWe warned earlier this week that the Friday unemployment report may trash the stock market if it comes out too strong. If ADP is a prediction tool, then that is looking to be more likely...
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ThinkstockThe Institute for Supply Management (ISM) has reported that November was yet another gain for its reading on manufacturing. The index rose to 57.3% in the November Manufacturing ISM Report...
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ThinkstockThis is going to sound a bit counterintuitive on the surface, but there is some good news in the American jobs market: more Americans are quitting their jobs. The U.S. Labor Department has...
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Thinkstock24/7 Wall St. has not been covering the junk bond market as much of late because spreads were in a narrow range for quite some time. That was then. The 10-year Treasury note hit a 2.80%...
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Ed Brown, via Wikimedia CommonsThe U.S. Labor Department has reported a much larger drop in weekly jobless claims than was expected. The weekly jobless claims fell by 21,000 down to 323,000. Dow...
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ThinkstockThe latest Minutes from the Federal Reserve’s October 29 to 30 FOMC meeting are indicating that tapering the $85 billion per month of bond buying could start in the coming months....
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ThinkstockThe European Central Bank (ECB) is considering even more easing than the official rate cut we saw recently. Now there is talk that easing could be taken as far as creating negative rates....
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