It appears that Washington is about to enact sweeping legislation that will be the greatest shift in public policy in decades. Yes, we can bemoan the lack of a completely private enterprise driven system but the reality is Big Brother is here and he's not going away. Without a doubt there will be implications for investors that need to be considered; and it's not all bad news from an investment perspective. Read More
Gold hit a new nominal high near $1,100 an ounce on Friday, and Michael Dudas, metals and mining analyst at Jeffries & Co., thinks the precious metal has further to go. He offered two stock picks to play it. Read More
A healthcare reform vote in the House tomorrow; why are HMOs trading up? You'd think the likelihood of a vote—and better than even chance of passage—would be a negative for HMOs. Read More
Friday's Labor Department report showed that unemployment rate unexpectedly jumped to 10.2 percent in October, even though the pace of job losses slowed. How do the numbers affect the markets? David Joy, chief market strategist at RiverSource Investments, and Keith Goddard, president of Capital Advisors, shared their insights. Read More
Earlier this week, the Federal Reserve kept its federal funds rate unchanged in a range of zero to 0.25 percent, and said the economy "continued to pick up" since its last meeting. Robert Barbera, chief economist at ITG shared his insights on how this impacts the financials and the economy. Read More
S&P Futures dropped about 10 points as the October Unemployment rate hit 10.2 percent, the highest since April 1983. While this will be the headline in the papers, bear in mind that unemployment in the 1982 recession peaked at 10.8 percent at the end of 1982. Read More
Markets have been hanging on the October employment report, expected to show a drop of 175,000 nonfarm payrolls when it is released on Friday. Read More