All About Europe!

All About Europe!

Friends Even though we all have our minds on the anniversary of 9/11, and one would think that President Obama’s speech last night would dictate the direction of the market, the drop in stocks today was directly attributed to the mess in Europe. We had a member of the...

read more
All About Europe!

Now That’s Better

Friends Markets around the world got the news they wanted out of the German Courts, and it was “risk on” again, for one day anyway. Stocks in the U.S. were up at the opening and spent the rest of the day inching higher. The Dow Jones Industrial Average was up 275...

read more
All About Europe!

Back to More of the Same

Friends You know September is off to an awful start when down 100 Dow points doesn’t seem too bad, considering that we were down more than 300 points on the Dow Jones Industrial Average early this morning. I hope we have more to look forward to this month than just...

read more
All About Europe!

Zero

Friends We just got the non-farm payroll number (jobs number) and unfortunately it was very disappointing. The new job creation for August was zero. That’s right, we created no jobs in August and no matter how they spin it, it is not a good sign for economic growth in...

read more
All About Europe!

Job Data Sets The Tone

Friends As we mentioned this morning, the non-farm payroll number was another body blow to sentiment, but knowing that the first half of the year GDP averaged only .70%, it really comes as no surprise. Economists have continuously indicated that we would need GDP to...

read more

Archives