News for the New Year

The New York Stock Exchange will not open today in observance of the Martin Luther King national holiday. Meanwhile, let’s take a brief look back at what happened last week and what is going on overseas. On Friday, Standard & Poor’s rating service made good on their December warning that they would downgrade France’s credit…

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The Week That Never Happened

As many Americans were looking forward to starting the long Labor Day weekend in the United States, markets worldwide began sliding again on Friday. HAPPY LABOR DAY Ironically timed with Labor Day, the U.S. Department of Labor reported zero job growth for the first time in over 66 years. The last time the numbers came…

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Markets Weather The Storm, Show Recovery

The major U.S. Indexes all posted significant gains from the previous week’s close. Some Asian markets also advanced, but the Shanghai Composite and Hang Seng both closed with losses. European indexes still faltered, but were up from the previous week. The end of the week saw the stocks of certain luxury purveyors like Tiffany and…

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