Wall Street loves easy money. That’s what I conclude from today’s 200-point stock market rally, which started early and gathered force, pushing the Dow back over 10,000 at the close of trading. READ MORE »
Posts in category US Finance
Economy Withstands Snowstorms
The crush of multiple snowstorms over the past week may have frozen economic activity for a couple days, but they are unlikely to ice the economy’s rebound. READ MORE »
What to Know When You Sell Mortgage Notes
If you play the housing market right, you can make a lot of money in real estate. This can be done without even owning any property. READ MORE »
Stocks finish slightly up after early gains
Stocks are finishing with modest gains after pulling back from a rally that pushed prices near their highest levels of the year. READ MORE »
Dollar pauses in short-covering bounce, NZ dollar off low
A short-covering bounce in the U.S. dollar paused in Asia on Thursday, though the currency was underpinned by U.S. Treasury yields which hit a five-week high overnight. READ MORE »