The final point worth noting about this month’s LEI is that the indicator of money supply actually fell in April. That means it actually pushed LEI lower than it would otherwise have been. Therefore, for the first time in many months, money supply wasn’t the prime driver of changes in LEI. This is a huge positive. Read More

Concerns that the US government might face higher interest rates on its borrowings erased earlier gains as investor sentiment dipped. Read More

The three major US stock indexes slumped today as unemployment figures reminded investors that we’re still in the midst of the recession and Standard & Poor’s indicated that it might lower the UK’s credit rating. Read More

US stocks failed to hold earlier gains as concerns about the health of the financial sector and the impact of credit card reforms gained momentum. Read More

The three major US stock indexes finished the day with mixed results, as share prices in the financial sector dropped amid concerns about the performance of loans backed by commercial real estate. Read More

The three major US stock indexes posted handsome gains after home improvement store Lowe’s Companies (NYSE: LOW) managed to beat analysts' expectations. Read More

A month ago prominent bears were arguing that earnings season for the S&P 500 would cut the rally off the market’s March lows short. But just the opposite happened: Earnings results were largely well-received, and the advance continued. Read More

Income Portfolio holding Frontier Communications (NYSE: FTR) announced that it will acquire approximately 4.8 million access lines in rural markets from Verizon Communications (NYSE: VZ). The all stock transaction is valued at $8.6 billion and represents a good deal for both businesses, though it's not without its risks. Read More

US stocks tumbled after FDIC Chairwoman Sheila Bair suggested that CEOs at some of the nation's largest financial institutions might eventually be replaced. Read More

The three major US stock indexes rallied today with share prices in the financial sector leading the way. Read More