Gold •152 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 959.90 | +9.50 | +1.00% | |
WTI Crude •10 mins | 70.04 | +1.94 | +2.85% | |
Gasoline •10 mins | 1.968 | +0.050 | +2.62% | |
Ethanol •152 days | 2.161 | +0.000 | +0.00% | |
Silver •152 days | 30.82 | +1.16 | +3.92% |
Silver • 152 days | 30.82 | +1.16 | +3.92% | ||
Copper • 152 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.67 | +1.84 | +2.56% | ||
Natural Gas • 10 mins | 3.096 | -0.117 | -3.64% | ||
Heating Oil • 10 mins | 2.226 | +0.049 | +2.23% |
Contributor since: 26 Feb 2010
Last week, the weak employment report helped justify the Fed's historic actions. It also provided more evidence that the economy has slowed and the likelihood…
The Federal Reserve lowered rates by 50 basis points on Wednesday topping off a 75 basis point intra-meeting cut last week. This 125 basis point…
Over the past month, more and more economists have moved over into the recession camp. The latest Wall Street Journal survey of economist found there…
Housing starts dropped in November to 1.187 million. Analysts pointed out that housing starts appear to have bottomed. While November starts were below October, they…
On Tuesday, the Federal Reserve shocked investors by not only cutting the target Fed Funds rate by 25 basis points but dropped the discount rate…
Last week, speeches by Fed officials Kohn and Bernanke opened the door for more cuts either next week or in the near future. While 25…
The holiday shopping season started off with conflicting reports. ShopperTrak RCT reported that Black Friday sales were up 8.3%, while the National Retail Federation said…
Last week, retailers reported October sales that were weaker than expected, and expectations were tepid. The ICSC reported that October sales increased 1.6%, the same…
Third quarter earnings have continued to disappoint investors. Roughly half of the S&P 500 companies (237) have reported third quarter earnings. Of those, earnings are…
The early results for third quarter earnings do not look too encouraging. Over the past couple of months, earnings estimates dropped from 4.1% at the…
Last Friday, the Labor Department reported that 110,000 new jobs were created. This was slightly ahead of the 100,000 economists were expecting. The bigger story…
Lennar reported third quarter results this week. On a GAAP basis the homebuilder lost $3.25 per share, which included a $3.33 per share charge for…
Last week, the Commerce Department reported that Retail sales increased 0.3%. The primary growth driver came from autos. Excluding auto sales, sales fell 0.4%. On…
Last week, the Bureau of Labor Statistics shocked economists and investors when it reported that 4,000 jobs were lost during August. Economists were expecting a…
Earlier this month, the ICSC reported that chain store sales advanced only 2.6% in July. This was the fourth consecutive month that same store sales…
Most retailers will report July same store sales on Thursday. The results along with their comments will shed light on the health of the consumer.…
During the past week, the deepening problem in the mortgage market has sent the markets into turmoil. It will take a while to fully grasp…
Consumer prices increased 0.2% in June, which was slightly higher than the 0.1% economists were expecting. Compared to last year, prices are 2.7% higher, which…
After economic growth slowed during the first quarter, almost all economic data released during the first part of the second quarter indicated that growth started…
Inflation fears eased after the Labor Department released the latest Producer Price and Consumer Price Indexes. The Labor Department reported that consumer prices rose 0.4%…