In 1913, Congress created the Federal Reserve to “provide the nation with a safer, more flexible, and more stable monetary and financial system.” It is doubtful that anyone could have
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Aiming to shrug off the bad taste left by the 6% drop in May, stocks in June rallied back to almost exactly their levels at the end of April. While
It may have all started with the 1968 epic film 2001: A Space Odyssey–the iconic battle between man and machine. With their ability to make calculations at lightning speed, computers
Stocks continued to march higher in April, trying to break out of their 15-month trading range. At month’s end, the S&P 500 index was just peeking at new highs. Large-cap
Stock markets around the world continue to recover from the sharp sell-off in the fourth quarter of last year, though the rally showed signs of slowing down in March as
Stocks continued to forge higher in February, frustrating many investors who expected stocks to follow their historical tendency and retest the low levels hit in late December. Instead, stocks of
After stocks posted the worst December decline since 1931, they promptly rebounded in January and posted the best January return since 1987. And the returns were broad based, with smaller
The stock market rebounded in January, nearly erasing the losses of December 2018. Is the correction over, or will the market “retest” and drop lower again? In this two-minute video,
The S&P 500 index finished the month down 9%, the worst December decline since 1931, during the Great Depression. As of Christmas Eve, stocks were down 15% for the month,
As 2018 comes to a close, we are all anxious to see if the so-called Santa Rally shows itself. Will the market continue its downward trend into the new year,