by JD Lasinger | Jun 16, 2013 | Market News
Major Events of Last Week The markets recorded a fourth week of consecutive declines as stocks crashed last Friday erasing almost all of their Thursday’s gains. Investor fears were dominate exemplified by the Dow Jones Industrial Average plunging by over 90 points;...
by JD Lasinger | Jun 3, 2013 | Market News
Major Events of Last Week Global equities retracted sharply last Friday while bond yields continued their recovery after the Chairman of the US Federal Reserve, Ben Bernanke, advised that the central bank was seriously contemplating the reduction of its current...
by JD Lasinger | May 26, 2013 | Market News
Major Events of Last Week The events that had the largest impacts on the markets last week were, without doubt, the congressional testimony of Ben Bernanke, the Chairman of the US Federal Reserve, and the publication of the minutes from the latest Federal Open Market...
by JD Lasinger | May 19, 2013 | Market News
Major Events of Last Week News was posted on Friday disclosing that the US Federal Reserve could commence curtailing its aggressive asset purchasing program over the coming summer months. Global stocks responded positively to this development epitomized by the Dow...
by JD Lasinger | May 7, 2013 | Market News
The Japanese Nikei soared 3.55% to near 5 year highs in response to Friday’s US job report. In Europe the DAX reached an all time high as industrial orders for March were higher than expected. The head of the European bank helped things by saying they were...
by JD Lasinger | May 6, 2013 | Market News
The markets have been strengthened by a better than expected US jobs report on Friday. Hiring was much stronger than anticipated as 165,000 new jobs were added stemming fears of a continuing malaise in the US economy. The data helped the dollar to advance against the...