Look for Stocks to Climb Wall of Worry, Price Headley Tells CNBC

"The reaction was after we had the airstrikes, after we had the nonfarm payrolls that were about half of what they should have been, you would have thought the market should have been down – the Dow should have been down 150, maybe 200 points on that kind of news – but it was only down a hair, and it...

Weekly Market Outlook – D-Day is Coming Soon… Maybe This Week

Last week's loss was modest in the sense that it was small, and didn't drag the indices below any key support levels. On the other hand, it was significant in the sense that the indices — despite trying — failed to hurdle a key ceiling. As such, we're still on the fence, but the market is apt to move decidedly...

Weekly Market Outlook – D-Day is Coming Soon… Maybe This Week

Last week's loss was modest in the sense that it was small, and didn't drag the indices below any key support levels. On the other hand, it was significant in the sense that the indices — despite trying — failed to hurdle a key ceiling. As such, we're still on the fence, but the market is apt to move decidedly...

Modest Job Growth Isn’t the Problem – Stagnant Wages is the Problem

Whoops. Despite the strong showing on Wednesday from payroll processor ADP on the jobs-growth front, the Department of Labor didn't quite come up with a comparable measurement. Although the nice drop in the unemployment rate — to a multi-year low of 4.5% — is a big moral victory, the DOL said on Friday morning that only 98,000 new jobs were...

Modest Job Growth Isn’t the Problem – Stagnant Wages is the Problem

Whoops. Despite the strong showing on Wednesday from payroll processor ADP on the jobs-growth front, the Department of Labor didn't quite come up with a comparable measurement. Although the nice drop in the unemployment rate — to a multi-year low of 4.5% — is a big moral victory, the DOL said on Friday morning that only 98,000 new jobs were...

Thursday is a Pivotal Day

The bulls really had the bears sweating on Wednesday… for a while. Before the closing bell rang though, stocks were as back-on-the-fence as they've been since early February. Now the bears will get their shot to take the control the bulls couldn't. The daily chart of the S&P 500 below tells the tale. For a short while on Wednesday, the...

Thursday is a Pivotal Day

The bulls really had the bears sweating on Wednesday… for a while. Before the closing bell rang though, stocks were as back-on-the-fence as they've been since early February. Now the bears will get their shot to take the control the bulls couldn't. The daily chart of the S&P 500 below tells the tale. For a short while on Wednesday, the...

Why mortgages, other interest rates could go up faster than you think

By Patti Domm, CNBC Interest rates may be going up even faster than you think. That's because the Federal Reserve, in the minutes from its last meeting, announced that it would begin to shrink its balance sheet, ending some of the extreme measures it took to save the economy during the financial crisis. The Fed balance sheet grew from about...

Why mortgages, other interest rates could go up faster than you think

By Patti Domm, CNBC Interest rates may be going up even faster than you think. That's because the Federal Reserve, in the minutes from its last meeting, announced that it would begin to shrink its balance sheet, ending some of the extreme measures it took to save the economy during the financial crisis. The Fed balance sheet grew from about...
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