You’ve read the heading correctly, but it’s not as simple as you would hope. Ever since the financial crisis people have been trying to diversify their investments and think a little outside of the traditional stocks and bonds. This opened the doors to the world of timber, however this isn’t an investment just anyone can […]
We spotted this interactive map from MoneyChoice.org, which shows a ton of economic data in an easily understood and very cool way. You can check out how your state ranks and the data behind the rankings on anything from GDP, household income, tax burden, etc. This would certainly come in handy if you might want to […]
The Eurozone is leaving the recession, and European stocks have gotten the message. The above chart comes courtesy of Mike O’Rourke of JonesTrading. It shows how in recent weeks, European stocks are clobbering their US counterparts. O’Rourke writes: There are a couple of interesting trends in equity markets worth highlighting. The S&P 500 is flat […]
Since the opening bell, U.S. stocks have taken a turn downward, and are now trading near their lows of the day. Right now, the S&P 500 is trading at 1695, down 0.7% from yesterday’s close. Treasuries, on the other hand, aren’t moving much. Right now, the yield on the 10-year Treasury note is 2 basis […]
Markets are very quiet this morning. US futures are essentially flat. Europe is not going anywhere either. Pretty much the only big mover was the same-old Japan, which gained another 2%, hitting a new 5-year high. As you can see on the Nikkei chart, stocks in Japan ended right at their highs of the session. […]
The big event of the day: Cypriot banks are set to reopen at 6 AM ET. To what extent it appears that there’s a run/panic is something people will closely watch, although that might just make for good drama, rather than market-moving data. In the meantime, markets are lower everywhere. The big Japanese rally has […]
Ladies and gentlemen, welcome to sequestration. It’s begun. It’s March 1, and there’s still no deal to avert automatic, across the board spending cuts that were agreed to as part of the 2011 deal to raise the debt ceiling. So far the market hasn’t seemed to care at all about the cuts, yet the media, […]
UPDATE: The US economy keeps ticking. ISM for February came in at 54.2, ahead of expectations of 52.5 and ahead of last month’s 53.1. Today’s economic data in the US has been mixed today, but this is solid. Michael Bock of Phoenix Partners has the summary: ISM 54.2 Vs. 52.5 so that’s better. Of note […]