For the week ending June 19, 2015, the markets rallied on the FOMC meeting announcement and Fed Chairperson Janet Yellen’s quarterly press conference, only to pull back partially on Friday over the Greek debt crisis. The Dow ended the week up 0.65 percent and the S&P 500 up 0.76 percent. In other news: the Fed kept its fed funds rate unchanged, while reiterating that…
Posts tagged investing
Can Energy cities replace oil-producing
The United Nations Conference on Climate Change scheduled to be held in Paris in December 2015 will aim to reach a new agreement between the States involved in the negotiation process in order to limit greenhouse gases emissions and the rise in temperatures. Beyond the sole environmental concern, the conclusion of this agreement is underpinned by the energy transition issue, which arises with ever…
Will Time Heal What Ails Digital Advertising?
Since the advent of digital advertising the challenge for publishers has been how to be profitable when trading print ad dollars for digital dimes. Most publishers have approached the challenge with the mindset of quantity of quality. Web pages have been plastered with ads to capture more impressions with each pageview with the hope that the volume would solve the revenue problem. With…
Stock market preview for the week of June 22, 2015
The S&P 500 replayed the previous week as the index started and ended the week with losses, but the three midweek sessions finished higher. The midweek rally pushed the index 0.76% higher for the week, mainly on the strength of a 0.99% increase on Thursday. The S&P 500 has finished higher in six of the past ten sessions, but has finished lower in 16…
Weekly market recap: Markets tumble then recover
For the week ending July 10, 2015, the markets yo-yoed on news of the evolving Greek debt crisis and China’s equity market turmoil. The Dow ended the week slightly up at 0.2 percent while the S&P 500 ended flat. In other news: Greece submits new plan which capitulates to its creditors’ demands; China’s stock market in a freefall responds to government action; the IMF…
Markets choppy on Greek debt discussions
For the week ending June 12, 2015, the markets were slightly up with the Dow up 0.3 percent and the S&P 500 up 0.1 percent. Economic data for the second quarter shows improvement, with strong gains in retails sales and a positive consumer sentiment report. The markets were choppy as news on the Greek debt crisis vacillated from good to bad, and as the…
Only paying what you can afford with the IRS Fresh Start Program
For a lot of us, the word compromise doesn’t bring up the most positive of feelings. We understand that we have to give up a portion of something we want in order to appease someone else. Well, it’s an unfortunate reality that when dealing with the IRS, you’re almost never going to get everything you want while depriving them of the thing that they…
Karatbars: Where contrary to Warren Buffett, you can earn a return buying gold
Back in 1998, billionaire investor Warren Buffett gave a speech at Harvard University where he unashamedly stated his disapproval with owning physical gold, citing its lack of a dividend or return as the premise for his beliefs. This doctrine was also passed onto to his longtime partner Charlie Munger who stated in more recent times that gold is only good for Jews trying to…
Stock market preview for the week of July 13, 2015
After slipping to the lowest close so far in the current retreat during a 1.67% drop on Wednesday, the S&P 500 got a pair of large opening gaps higher in the final two trading days. Although Thursday’s opening gap higher nearly vanished before the close, the index retained and added to early gains Friday, before slipped fairly steeply into the finish that was $0.26…