By Rutherford Investments on February 13, 2013
Published February 11, 2013
The equity market in the U.S. has continued the rally that began June 1, 2012. January’s 5.1 percent increase for the S&P was the largest since October 2011. The Dow surpassed 14,000 for the first time since 2007. What’s more, the market accomplished this in the face of a declining gross domestic [...]
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Posted in Daily Journal of Commerce | Tagged energy prices, global financial markets, household spending, inflation expectations, maximum employment, mortgage backed securities, price stability, unemployment rate
By Rutherford Investments on October 15, 2012
Published October 15, 2012
U.S. equity markets have staged a strong rally since hitting a low point on June 1. At that time investors feared a global recession, Europe was facing disaster and the general outlook was despondency.
The market closed at 1,278.04 on June 1. It has since risen 12.7 percent through the third quarter in [...]
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Posted in Daily Journal of Commerce | Tagged dow, global recession, jobless claims, market investors, nasdaq, qe3, quarter gdp, swing states, unemployment rate
By Rutherford Investments on March 13, 2012
Published March 12, 2012
For the week ending March 2, the Nasdaq and the S&P 500 advanced 0.4 percent and 0.3 percent, respectively, but the Dow retreated a fraction. Both the Nasdaq and the S&P 500 have climbed in eight of the year’s first nine weeks; the Dow has risen six of the first nine.
For the [...]
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Posted in Daily Journal of Commerce | Tagged disposable income, federal reserve, household finances, household income, unemployment rate