By Rutherford Investments on October 15, 2008
The fear and trepidation surrounding the financial markets came to realization in the month of September. The broad market fell 8.9 percent in the month, with the average U.S. equity mutual fund down 10.5 percent. This brings the market down 25.6 percent from its Oct. 9, 2007 high through Sept. 30, 2008. Credit markets seized [...]
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Posted in Daily Journal of Commerce | Tagged alan greenspan, ben bernanke, credit markets, global credit, john mccain, nancy pelosi, secretary of the treasury
By Rutherford Investments on September 8, 2008
Stocks rally on housing rescue
Dow surges 290 points as investors consider what the Fannie and Freddie bailout means for the broader economy.
by Alexandra Twin, CNNMoney.com senior writer
NEW YORK (CNNMoney.com) — Stocks surged Monday, with the Dow gaining 290 points and the broader market also gaining as investors breathed a sigh of relief that the government [...]
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Posted in Bill Quoted | Tagged bailout, credit markets, dow jones, dow jones industrial average, economic slowdown, fannie mae, global economy, jon burnham, lehman brothers, new york mercantile exchange, new york stock exchange, paulson, regional banks, Rutherford Investment Management, steven goldman, stock market, treasury secretary, william rutherford
By Rutherford Investments on June 26, 2008
Second-Quarter Profits: Grief or Relief?
The coming blizzard of earnings reports has Wall Street on edge, but it’s not all bad news ahead. Here’s what to expect.
by Ben Steverman
With just a few days left in the second quarter, Wall Street is preparing for yet another disappointing round of corporate earnings reports.
According to Thomson Reuters (TRI), [...]
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Posted in Bill Quoted | Tagged corporate earnings, corporate profits, credit crisis, credit markets, economic slowdown, economy, market turmoil, recession, Rutherford Investment Management, william rutherford