The stock market appears to be taking a well-deserved breather after a double digit first quarter 2012 return. Volatility has increased recently and we find ourselves back nearly where we started the month. We continue to see a disconnect between corporate earnings (very strong) and U.S. economic data (getting better but still not great). Read More
Wall Street is not expecting additional quantitative easing from the Federal Reserve at its meeting this week but increasingly believes in the Fed’s promise to keep interest rates low until late 2014 as its own outlook on the economy grows bleaker, according to the latest CNBC Fed Survey. Read More
Still bruised by the March jobs reports, markets will be watching jobless claims to see if the trend towards job growth remains intact — or if it'll be a repeat of last year. Read More
It's not every day that a bank regulator argues that financial regulations and monetary policy contributed to the near collapse of the financial system. Read More
An after-the-bell earnings beat by Alcoa could bring a bit of cheer to a market Wednesday that has once more become worried about Europe’s ability to contain its debt crisis. Read More
Earnings season kicks off with Alcoa’s after-the-bell report Tuesday, against the backdrop of a stock market pull back, which has shaved 3.3 percent off the S&P 500 since April 2. Read More
Despite the disappointing jobs report for March, it’s very difficult to make a realistic case that the economy is falling off a cliff, or that some kind of double-dip recession is on the way. Or that a Ben Bernanke QE3 is likely. Read More