Getting Cautious Amid the Fiscal Cliff Uncertainty
By: Chris Versace (Diary) | November 18th at 03:11 PM |
Over the past several weeks, the overall stock market has resembled a roller coaster — down up, down up and then a quick drop. That is the case no matter which major market index we look at. The only real difference among the Dow Jones industrial average, the S&P 500 and the Nasdaq composite index has been the degree of the drop. While the first | Read More »
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The Unemployment Rate Doesn’t Show the Full Picture
By: Chris Versace (Diary) | November 4th at 08:48 PM |
Last week was a mixed week for Wall Street and the capital markets on a number of fronts. Thanks or rather no thanks to Hurricane Sandy, the North East faced billions of dollars in damages with New York and New Jersey heavily hit by power outages, gas shortages, fallen trees and damaged homes. The storm damage resulted in a shortened trading week for the capital | Read More »
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