A supposed truism on Wall Street is that betting against the crowd is always a wise move. And these days, the crowd is decidedly bullish. Yes, that’s often a sign that the end is near. But right now, a good argument can be made…
Wall Street started the new year with a robust jump, helped by encouraging corporate and economic news that pushed the broad market to a 28-month high. The S&P 500 has now reclaimed nearly 90% of its losses from the bear-market…
The manufacturing sector expanded for the 17th straight month in December, with new orders rising faster than inventories. When combined with improvements in other sector components, the data suggest the factory sector will con…
2010 may be the year of the car recall, with the U.S.’s six-largest suppliers recalling more than 19 million vehicles over the last 12 months. Toyota, which recalled about 7 million cars this year, tops the list. General Motors…
The Philadelphia Fed regional index unexpectedly rose in December to its strongest growth rate since mid-2005. Shipments again had trouble keeping pace with rising orders, and business confidence continues to rise.
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