A number of home mortgage and home building stocks including Beazer (BZH) and Countrywide (CFC) are up ahead of President Bush’s speech on what he will do to improve the sub-prime mess. Of course,…
Maybe the hedge fund business is not so bad off after all. Or perhaps the management of some of the larger funds see the current turmoil in the markets as a way to pick…
There are more reports of world central bank interventions today. The European Central Bank stepped in and providing added liquidity. The Associated Press put today’s figure at $83.9 Billion and Bloomberg put the figure…
The FOMC has spoken, and as expected rates were left unchanged at 5.25%. Here were they key phrases we looked at: The Federal Open Market Committee decided today to keep its target for the…
As expected, we saw no rate change today. As a reminder, we won’t have another meeting until August 7. Here is today’s statement from the FOMC: The Federal Open Market Committee decided today to…
A rate call, not just actual rates, is what nailed the markets today. You can thank PIMCO’s Bill Gross for much of the sell-off today in equities and in longer-term bonds. If this continues,…
This Friday everyone will be taking notice of the employment situation report for April. The Employment report is the result of two separate surveys: The Household survey is a survey of roughly 60,000 households.…
From TheStockMasters Here at the Stockmasters, we’re always on the lookout for an angle, some type of edge that we can use to make money (and help you make it too). In this day…
By William Trent, CFA of Stock Market Beat Employment Situation Summary Nonfarm payroll employment rose by 180,000 in March, and the unemployment rate was essentially unchanged at 4.4 percent, the Bureau of Labor Statistics…