Archive

Filter
  • December 12, 2007

Despite the market crisis seemingly enveloping the rest of the world, China’s economy continues to grow at a brisk pace; GDP growth is projected to approach 11 percent for the second half of 2007. Read More

Plankton and tuna both live in the same ocean, but biologists evaluate them using very different criteria because one is a fish and the other is a drifting micro-organism. Read More

  • December 12, 2007

Whew, what a rollercoaster ride. The Federal Reserve coordinated a plan today with global banks to inject up to $40 billion in liquidity into money markets to help ease the credit crunch. The news sparked a shopping spree for the US market. But after trading in positive territory for most of the day, stocks slid into the red during the last hour of trading, then rallied back to black just before the closing bell. Read More

  • December 11, 2007

Every 10 minutes, something’s grabbing the headlines, sucking up our attention and riling the markets. Recently it seems those somethings aren’t of the sort we dream about showing up in our Christmas stockings. Read More

  • December 11, 2007

The US stock market zigzagged in and out of positive territory today as investors awaited the Fed’s rate cut decision. The central bank cut the federal funds rate by a quarter-point to 4.25 percent, a much more cautious move than investors had anticipated. A selloff followed, exhibiting investors’ disappointment in the Fed’s slow-going approach.  Read More

  • December 10, 2007

US stocks turned sharply higher because of a widely anticipated Federal Reserve interest rate cut. The expectation spread a wave of optimism throughout the marketplace in early trading today and continued up until the closing bell.  Read More

  • December 7, 2007

One of our Nibblers announced this morning that its board of directors has increased the company’s quarterly distribution, maintaining its streak of increasing payouts ever since 1998. That hike represents a 4.1 percent increase during the fourth quarter of last year.  Read More

  • December 7, 2007

Our office is closing early to spread some holiday cheer, but we’ll post a full Market Update as usual on Monday, Dec. 10. As of noon, all three major indexes were poised for strong weekly gains. Read More

  • December 6, 2007

US stocks soared, posting big gains after President Bush and Treasury Secretary Henry Paulson detailed a plan to help curb home foreclosures in the subprime market. Along with input from mortgage lenders and banks, they agreed to freeze interest rates for up to five years to aid subprime borrowers. Read More

  • December 5, 2007

Positive data from the Labor Dept kicked off a buying spree on the US stock market today as optimism spread throughout the marketplace. Read More