Category: Markets

Stock Market Closes at Record High

The Standard & Poor’s 500 is ending the week at a record high after a day of quiet trading. Chip maker Avago Technologies jumped nearly 8 percent after reporting earnings that beat analysts’ estimates....

Dow Drops 100 Points on News of Ukraine Violence

Reports say the Ukrainian military destroyed Russian vehicles The Dow Jones Industrial Average dropped more than 100 points Friday on reports that the Ukrainian military destroyed Russian military vehicles that entered into Ukraine. Investors...

Wall Street Didn’t Win—Financial Reform Is Working

The political system made the financial system more resilient—though not immune—to crises For some critics, it’s an article of faith that the Obama Administration’s financial reforms were a sham, that the Too-Big-To-Fail banks that...

Why Are Stocks Still Rising? Is This A Bubble?

Investors often ask me, “why is the stock market still going up after five years?” They think it must mean ‘prosperity is ahead.’ Actually, it’s largely due to financial engineering: stock buybacks. It’s important...