A dismal jobs report Friday means federal interest rates are likely to stay low for some time. Interest-rate futures traders, who previously anticipated that the Fed would raise rates at the end of next year, now believe the Fe…
The stock market’s powerful two-day rally nearly fizzled out Friday after the unemployment rate unexpectedly jumped to 9.8%. But traders managed to find a silver lining even in that grim news, and stocks found a way to eke out a gain.
Continue reading Why the Ugly Jobs Report Was Good for Stocks [VIDEO]
Why the Ugly Jobs Report Was Good for Stocks [VIDEO] originally appeared on DailyFinance on Fri, 03 Dec 2010 16:15:00.
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President Obama’s National Commission on Fiscal Responsibility and Reform couldn’t get enough of its members to approve its own recommendations or to find the 14 votes needed to send its proposal to Congress. But don’t count ou…
President Obama’s National Commission on Fiscal Responsibility and Reform couldn’t get enough of its members to approve its own recommendations or to find the 14 votes needed to send its proposal to Congress. But don’t count ou…
Rising retail sales are adding to the list of positive economic developments as 2010 winds down. But how important are holiday sales in the larger scheme of things? Investors may be giving too much credit to what turns out to …