Ronald Reagan had to dig out of a recession, too — but GDP growth at this point in that recovery was twice what Obama is delivering now.» Read More
Goldman Sachs recommended buying multinationals instead of domestic firms recently. Would our traders follow their advice?
For the first time in a long time, it looked as if oil was going to stay out of the market headlines. No such luck.
For the week ending Friday, June 6, 2008, the markets finished in the red as the CBOE Volatility Index (VIX) again crossed above the 20 threshold and oil surged. Stocks were impacted by continued economic concerns, renewed trouble in the financial sector, and a record spike in crude oil on Friday. Although it was a negative week for the markets, the Dow managed a 200+ point rally on Thursday for the first time since 4/18, after retailers posted better than expected same store sales.
Record oil prices force Wall Street to reassess sure-fire strategies.
In another wild day in the markets, CNBC asked the pros for their best investment advice. Here's what some of them had to say.
Big jumps for the unemployment rate and the oil prices on the same morning. Christopher Zook says it's stagflation -- and tells you how to defend your portfolio.
Lehman Brothers appears to have escaped the investor panic that brought down Bear Stearns, but investment pros say it's too early to jump back into financial stocks.
Stocks finished mixed as investors juggled some encouraging economic news and concerns about the financial sector. Lehman Brothers rebounded, while bond insurers plunged. Oil dropped below $123 a barrel.
Stocks ticked higher amid some encouraging economic data. Lehman Brothers rebounded after a recent slide but financials remained under some pressure ahead of a slew of earnings out of the sector next week. Oil dropped below $123 a barrel.
Stocks opened lower but quickly bounced as investors juggled worries about financials against some upbeat economic news. American Express led Dow gainers. Lehman rebounded, while Bank of America fell. Oil dropped below $123 a barrel.
J.M. Smucker Wednesday said it would acquire the Folgers coffee business from Procter & Gamble for stock valued at $2.95 billion plus the assumption of $350 million in debt.
In stocks, the business cycle is almost everything. You need to play it, and no matter how much you want to fight it - you can't, or you're almost sure to lose.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Cramer makes the call on viewers' favorite stocks.
Oil prices will continue to roil the stock market this week as the summer driving season officially kicks off and as more companies feel the pinch of higher energy prices on their profit margins.
Most business news this week took a back seat to oil's relentless climb, but there were still some notable moments. And CNBC guests had plenty of stocks to recommend for worried investors.
Skyrocketing oil prices, the threat of recession and continued housing slump are all pointing to a rough summer for the markets. Still, there are opportunities for investors.
Robert Millen, co-portfolio manager of the four-star Jensen Portfolio Fund, puts the words "quality" and "growth" together and comes up with some potential profits for your portfolio.
To give investors an edge, CNBC asked the market experts where investors should be placing their bets now.
Where do you put your money now? CNBC asked the experts what stocks they would pick
Joe Keating, CIO of private asset management at RBC Bank, picked stocks for graying Boomers. Plus: Web-Exclusive picks -- not on TV!