by | Mar 9, 2011 | Towing
The S&P 500 has nearly doubled from its post-crash lows, and small investors are finally getting off the sidelines again. Normally, that would be a danger sign for a correction, but right now, all signs point to the upward stoc…
by | Mar 9, 2011 | Towing
Asian markets rose Wednesday on news that Japan’s economy may finally be bouncing back. Figures released yesterday show that machinery orders in Japan jumped 4.2% in January over December, sending the Nikkei up 0.6%. In Hong Ko…
by | Mar 9, 2011 | Towing
In most respects, China is a world away from the oil-dominated autocracies in the Mideast now seething with anti-government unrest. But it faces similar issues: high inflation and a troubling wealth gap that could fuel social u…
by | Mar 9, 2011 | Towing
The mortgage mess settlement proposal is a repudiation of the servicing industries’ standard business practices. The agreement also reads as an indictment — not just of the servicing industry, but also of law enforcement, regu…
by | Mar 8, 2011 | Towing
After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share bu…