Published: Aug 25, 2015 3:51 p.m. ET For perspective, through Monday’s close, the Nasdaq Composite has corrected 18.0% on a top-to-bottom basis, or 90% of the way to a bear market. The S&P 500’s decline is 12.5%. While some may term this a “crash,” it does not compare at all with either the fall of […]
Stock markets around the world recorded dramatic declines. It’s ugly. But before you panic, let’s put this in perspective. This is hardly the worst day ever for stocks. This pullback also comes after six years of stellar stock market gains. CNNMoney breaks down what’s going on… and just how bad it is compared to past […]
August 24, 2015 · by Chuck Butler Good day… And a Marvelous Monday to you! We still have a week left of August, but it has gone by very quickly, I must say! The dog days of summer, have really turned into the chamber of commerce weather days of summer here in the St. Louis […]
Jacob Davidson @JakeD July 30, 2015 A comparison of wealth across history Who had more money, John D. Rockefeller or Genghis Khan? It’s a simple question with a very difficult answer. This ranking of the richest people of all time is based on hours of interviews with academic economists and historians. To read more about how […]
July 30, 2015 · by Mike Meyer Good day. And welcome to Thursday morning. As far as the data that everyone was wanting to see this week, its one down and one to go. But first, let’s see what Frank Trotter has for us this morning. July 30, 2015 – Vancouver, BC. The day slid […]
July 29, 2015 · by Mike Meyer Good day. And welcome to Wednesday morning. We don’t have much longer to wait until we find out whether or not the Fed tells us anything that we don’t already know. When the dust settles, I don’t anticipate any earth shattering revelations and I think we’re going to […]
May 14, 2015 · by Chuck Butler Good day…. And a Tub Thumpin’ Thursday to you! The Guess Who greets me this morning, with their classic song: These Eyes… If I’ve said it once I’ve said it one hundred times, that I love Burton Cummings’s voice. (the lead singer of the Guess Who) Well, now […]
byEddie Van Der Walt (Bloomberg) — Almost a century of tradition will disappear from the gold market as technology takes over. Thursday will be the last day that traders at four banks agree by phone twice-daily prices used by miners to central banks to deal and value bullion. Gold will be the last precious metal […]
March 4, 2015 · by Chuck Butler Good day…. And a Wonderful Wednesday to you! Well, I got all caught up on my lost sleep yesterday, which is good and bad… Good that I did so, bad that I slept a good portion of the day away! And what a day it was! Two mornings […]
by David GoodmanLucy Meakin February 25, 2015 (Bloomberg) — Bondholders who held their nerve as Greece sparred with the euro region are being rewarded with a world-beating return of 11 percent this year. Sticking with Greek securities through the election of the anti-austerity Syriza party a month ago — and the turmoil of ensuing funding negotiations — […]