There are a number of benchmark stocks that Mitchell Clark, contributor to the leading financial newsletter Profit Confidential, follows that are very good indicators either for a specific industry, the economy in general, or the stock market. In a recent article, Clark revealed what certain benchmark stocks are saying right now. “A benchmark stock that’s …
The signs point to more troubles ahead. The stock market is in bear market territory for small-caps with the collapse on Thursday. There were several technical breaks materializing on the broad-based heavy selling. The small-cap Russell 2000 is a mess, down 17.89% this year and 25.46% from its 52-week high. The S&P appears to be …
By Michael Lombardi, MBA Last week, a three-year ordeal came to an end as Jefferson County, Alabama, declared the biggest municipal bankruptcy in American history, a casualty of the rapid economic growth of the boom that ended so abruptly with the credit crisis of 2008. Home to 660,000 people, Jefferson County was struggling under $3.0 …
By Michael Lombardi, MBA Last week, a three-year ordeal came to an end as Jefferson County, Alabama, declared the biggest municipal bankruptcy in American history, a casualty of the rapid economic growth of the boom that ended so abruptly with the credit crisis of 2008. Home to 660,000 people, Jefferson County was struggling under $3.0 …
By George Leong, B. Comm Small-cap stocks were the winners last year, advancing 25.28%, which was not a big surprise, as small companies generally perform better as the economy recovers from a recession. The small-cap Russell 2000 had been down over 26%, but with the stock market rally over since the beginning of October, small-cap …
By Mitchell Clark, B.Com As I’m in Europe right now, talking to citizens of the wealthy European countries, I’ve discovered a consensus among financial types regarding the debt crisis that plagues the euro continent. As I’ve been writing, they too want clear action on the issue and most of the people I spoke with feel …
By Michael Lombardi, MBA Last week, a three-year ordeal came to an end as Jefferson County, Alabama, declared the biggest municipal bankruptcy in American history, a casualty of the rapid economic growth of the boom that ended so abruptly with the credit crisis of 2008. Home to 660,000 people, Jefferson County was struggling under $3.0 …
Small-cap stocks were the winners last year, advancing 25.28%, which was not a big surprise, as small companies generally perform better as the economy recovers from a recession. The small-cap Russell 2000 had been down over 26%, but with the stock market rally over since the beginning of October, small-cap stocks have rebounded out of …
As I’m in Europe right now, talking to citizens of the wealthy European countries, I’ve discovered a consensus among financial types regarding the debt crisis that plagues the euro continent. As I’ve been writing, they too want clear action on the issue and most of the people I spoke with feel that Greece should not …
By Michael Lombardi, MBA Two different parts of the world, two very different ways countries are dealing with their economic contractions… In the U.S. yesterday, Eric Rosengren, President of the Federal Reserve Bank of Boston, said that the Fed should do more to bring down the unemployment rate. Rosengren suggests that the Fed buy mortgage-backed …