Monthly Archives: March 2016

Your Wednesday Market Blip 3/2/16

The Dow was up 34 points today to 16,899 on mixed volume. Moody’s Investors Service cut the outlook on China’s government credit ratings to negative from stable, citing rising government debts, declining foreign reserves and doubts about authorities’ “capacity to implement reforms.” Chinese markets brushed off the news and were higher on the day as…
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Your Tuesday Market Blip 3/1/16

Markets moved up today on good US economic reports. The Dow gained 348 points 16,865 on heavy volume. Banking and heavy construction stocks led markets higher as a construction spending report showed a better than expected increase of 1.5% in January to the highest level since 2007. The ISM manufacturing index contracted in February however…
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Your Monday Market Blip 2/29/16

A weekend G20 meeting in Shanghai ended with gubment bankers taking no concrete action to boost sagging global growth. Prior to the meeting, stocks had been on the rise in anticipation of some sort of action to address global financial issues but with little to show for all the effort investors sold Asian and European…
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