Nasdaq

USB's Cashin: Market Conditions 'Reminiscent' of Lead Up to 1987 Crash

admin — Fri, 11 Sep 2009 18:51:29 +0000

Jeff Poor

The Dow Jones Industrial Average (DJIA) has climbed nearly 45 percent since hitting a March 9 low. The S&P 500 (S&P) is up nearly 53 percent. And the NASDAQ (NASDAQ) has soared a whopping 61 percent since the March bottom.

'Today' Tells Viewers Fall in the Stock Market Can Be a Good Thing

admin — Tue, 13 Nov 2007 18:02:41 +0000

Jeff Poor

You wouldn’t know it from the gloomy media coverage, but the stock market is up for the year. The Dow Jones Industrial Average (DJIA) is up a little over 5 percent for the year, but its volatility has been something of a distraction.

But Suze Orman, host of CNBC’s “The Suze Orman Show,” told viewers on NBC’s November 13 “Today” that if you’re investing for retirement, a lower stock market is exactly what you want.

Stock Markets and Credit 'Crunch': Free-Market Experts Speak Out

admin — Wed, 15 Aug 2007 20:39:34 +0000

Jeff Poor

It has been a topsy-turvy few weeks for the stock markets, as fear of tightening credit markets fueled by prime and subprime mortgage woes have frightened the news media. The business media have been alternately hysterical and calm about the current economy.

Free-market economists have mixed views on how good or bad things really are. But there’s one thing most agree on – government action is not the solution.