The job market is showing improvement, but the plunge in oil prices has spurred more concerns about weak inflation.» Read More
David Russell, who helps produce "Closing Bell," shared his thoughts on why there's a light at the end of the tunnel for credit markets. Here's his post:
Boy, are traders ready for this one. Everyone--even the bears--think a rally of up to 20 percent is likely before the end of the year.
Midday, the Dow has moved over 200 points from its high to its how, despite: 1) Horrendous economic news (durable goods, new home sales coming in at the lowest levels since 1991).
The glacial speed the analysts have been moving has been nothing short of scandalous. Top-down strategists (guys who do estimates of earnings based on macroeconomic factors) have 2009 estimates for the S&P 500 as low as $60, but the bottoms-up analysts (the guys who just cover individual companies or industries)...
The bottoming process has begun in stock markets and now is the time to buy good value US, Chinese and energy stocks, experts tell CNBC.
With investors hoping President-Elect Barack Obama will come up with a plan to save the economy, experts warn there is no escaping economic cycles.
The S&P 500 will deliver investors a "pre-Christmas rally" that will send the index upwards toward 1,000 points, Chris Locke, MD of Oystertrade.com Management, told CNBC.
Stocks may take a break from their high velocity mood swings as traders wind down for the Thanksgiving holiday. But Wednesday's market will have to digest plenty of data that will help paint a picture of the fourth quarter.
I spoke to one large mortgage broker in Philadelphia this afternoon, who said they were now quoting 30-year fixed rate mortgages at 5.5 percent, a drop of a half-point from yesterday's 6.0 percent. That is a big drop.
Why the excitement? Because there is already a tangible effect in the mortgage markets. It's likely mortgage rates will drop notably in the next day or so, perhaps as much as 50 basis points (a half point).
The travel industry is bracing for a painful holiday season as people scale back their discretionary spending. But that is good news for anyone who has yet to book a winter getaway, with hotels, airlines and cruise operators introducing last-minute deals to entice vacationers, the New York Times reports.
Mr. Paulson will be the key today, as he is expected to open the TARP to car, credit card and student loans, and heaven knows what else. More importantly, a separate facility will buy mortgage-backed securities.
While stock markets gyrate between bear and bull, credit markets may ironically emerge as an attractive alternative, according to some analysts.
Stocks battle a rough batch of economic news Tuesday. Home prices, another look at third quarter GDP and consumer confidence data are posted in the morning.
Debasing the currency to help economic growth seems the best solution for now, some market experts believe.
Why giving investments as gifts is one of the best things you can do this holiday season.
Cramer spoke with Eric Schmidt, the CEO of Google who is part of Obama’s transition economic advisory board about this new team and what they’ll do.
Prices have fallen so far, so fast., and it seems that everyone has become as gloomy as Jim was when he made those sell calls.
Do you want to know why the stock market was up 396 points today (this on top of Friday's 494 point rally)? Cramer says it's simple.
Yes, there was a broad rally, financials leading. It was the first two-day rally this month. Commodities rallied as well, as did commodity stocks. But the Dow, which was up as much as 552 points with 15 minutes to go, dropped 150 points in the last few minutes