The three major indexes remained flat. Consumer confidence fell and February retail sales were unexpectedly higher. Read More
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US stocks gained modestly boosted by financals. Read More
US stocks rose again from increased wholesale inventory turnover and an improvement in the corporate bond market indicating the economy is improving. Read More
US stocks rose led by the telephone and industrials companies. Read More
The three major US indexes finshed the day with mixed results and drug developers dropped as President Obama made his final push to reform the industry. Read More
I’ve always been more interested in what private-sector companies are doing than in the nefarious machinations of governments. Sovereign debt markets remain a key longer-term macroeconomic risk, but the more interesting story in the near term is the corporate bond market. Read More
Praying and delaying won’t diffuse the commercial real estate time bomb. Read More
Article in Review: “New Beginnings,” By Elliott H. Gue, Dec. 10, 2008 Read More
All but a tiny handful of US real estate investment trusts (REIT) have cut dividends at least once since 2007. Read More
The question now is whether high-yield funds have more room to run. Read More