If the economy is running into headwinds, it's difficult to tell from the most recent round of employment data. In June, the U.S. added 224,000 people its net payrolls, handily topping the estimated figure of 160,000 new jobs. Though the number of employed people reached record levels, the unemployment rate was actually able to edge a little higher from 3.6%...
If the economy is running into headwinds, it's difficult to tell from the most recent round of employment data. In June, the U.S. added 224,000 people its net payrolls, handily topping the estimated figure of 160,000 new jobs. Though the number of employed people reached record levels, the unemployment rate was actually able to edge a little higher from 3.6%...
Any weakness in the Transportation Index near current levels would indicate investors and traders believe the global economy may continue to contract going forward and may be an ominous sign for the global stock markets. The Transportation Index is a measure of the current expectations related to shipping, trucking, trains and all measure of forward expectations for goods, products and...
Any weakness in the Transportation Index near current levels would indicate investors and traders believe the global economy may continue to contract going forward and may be an ominous sign for the global stock markets. The Transportation Index is a measure of the current expectations related to shipping, trucking, trains and all measure of forward expectations for goods, products and...
What started out as a lousy week ended on a high note. Although the market lost 0.3% of its value last week, at one point it was in the hole to the tune of nearly 1.3%. The rebound effort is far from a well-founded recovery, but it does buy some time for the bulls to regroup and maybe, just maybe,...
What started out as a lousy week ended on a high note. Although the market lost 0.3% of its value last week, at one point it was in the hole to the tune of nearly 1.3%. The rebound effort is far from a well-founded recovery, but it does buy some time for the bulls to regroup and maybe, just maybe,...
– Bitcoin prices were backing down on Thursday from another surge akin to its sudden rise in late 2017 – By Tiernan Ray, TheStreet.com There goes bitcoin. After soaring almost 20% on Wednesday alone to just below $14,000, the virtual currency succumbed to gravity on Thursday morning, dropping below $12,000. The price of bitcoin had surged by more than 80% in less...
– Bitcoin prices were backing down on Thursday from another surge akin to its sudden rise in late 2017 – By Tiernan Ray, TheStreet.com There goes bitcoin. After soaring almost 20% on Wednesday alone to just below $14,000, the virtual currency succumbed to gravity on Thursday morning, dropping below $12,000. The price of bitcoin had surged by more than 80% in less...
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades. Here’s a rundown of what history says about the market’s prospects after this kind of performance through June. How much running room is there overhead, with no escape from the familiar questions about the time left in this economic expansion? By...
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades. Here’s a rundown of what history says about the market’s prospects after this kind of performance through June. How much running room is there overhead, with no escape from the familiar questions about the time left in this economic expansion? By...
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