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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Market Wrap For January 28: Markets Snap Losing Streak, Apple Tumbles
Tuesday, January 28, 2014 - 5:42pm | 2932U.S. stocks reversed its multi-day losing streak as investors found enough positives in Tuesday's earnings to end the Dow's five day losing streak. The FOMC began its first day of a two-day meeting. The Wall Street Journal's Jon Hilsenrath believes that the central bank will reduce...
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Market Wrap For January 21: Dow Hit by Earnings; S&P And Nasdaq End The Day Positive
Tuesday, January 21, 2014 - 5:51pm | 2887Markets ended the day mixed with the S&P 500 ending a two day losing streak. The Dow ended the day slightly in the negative as several Dow components failed to fully satisfy investor expectations with their earnings today. Investors also digested the latest commentary coming from the Wall...
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Have the Bears Missed Their Opportunity (Again)?
Tuesday, September 10, 2013 - 12:55pm | 3775Monday morning's meandering market missive ended with the following note, which seemed prudent at the time it was written: "While the bulls could always get something going should the situation in Syria subside quickly, the cycles suggest that it might be a good idea to be careful out there for a...
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WSJ's Hilsenrath Says Economic Riddles Could Reshape Fed's Bond-Buying Exit
Tuesday, July 16, 2013 - 3:33pm | 553Jon Hilsenrath of The Wall Street Journal published an article highlighting that the Fed's much feared tapering may be put off due to lower inflation, weak labor market dynamics, and potential "fiscal chaos." In specific, he asks four questions that he expects Bernanke to address in his testimony...
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Benzinga Market Primer: Monday, May 13
Monday, May 13, 2013 - 6:27am | 980Futures Lower on Chinese Data, Fed Tapering Fears U.S. equity futures traded lower in early pre-market trade following some weak economic data out of China and also on the heels of an article from the Wall Street Journal's Jon Hilsenrath about the Fed. Hilsenrath wrote that the Fed is now...
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Government Sachs Says To Expect QE3
Friday, August 5, 2011 - 2:56pm | 894Jan Hatzius, the prestigious economist at Government, err Goldman Sachs (NYSE: GS) came out with a report this morning and told us to expect some kind of QE3 announcement when the Federal Reserve meets next week. This is from his note this morning, thanks to ZeroHedge: "We have lowered our...
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QE3 Is On Its Way, Just Ask The Fed
Wednesday, August 3, 2011 - 3:14pm | 748You don't need to worry whether QE3 is coming, the Federal Reserve essentially just told you it was. In an interview with the Wall Street Journal, former Fed officials Donald Kohn, Vincent Reinhart and Brian Madigan said they would support the Fed doing more easing if the economy started to...