While the grocery store business is intensely competitive, Safeway’s margins should increase in 2011, due to an improved product mix and, hopefully, a rebounding economy.
Continue reading Safeway Slumps, Time t…
Stocks fell sharply Friday as investors fled to safety amid disappointing economic data, mixed corporate earnings reports and escalating violence in Egypt. A soft start for equities only got worse as the day progressed. [Vide…
With an oversupply of oil on the market and OPEC afraid that higher prices will impair the U.S. recovery and sap demand, the fundamentals point to an oil price drop in the near term. Yes, markets move on emotion, and fears abo…
Friday’s action notwithstanding, in which gold prices rose as the stock market sold off, safe-haven assets are suffering at the expensive of equities and other riskier assets. That’s what happens when the global economy appears…
The latest consumer sentiment index reading continues to show an American public that expects better days ahead, and fourth quarter GDP growth indicates a strengthening economy. But countervailing pressures remain: Initial jobl…