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Author Archives: Jim Sutliff
European Stocks Fall –
European stocks fell 3 percent in Monday trading and the Euro dropped against the Dollar. The risks associated with Euro-Zone investments increased with weak economic data and outcomes from recent elections in Germany. The Euro fell to $1.4111 against the US Dollar. To … Continue reading
Posted in Banking, Currency, Earnings, Economic News, Euro, General, Investments, Political News, Stocks, Trading
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Republicans Target Capital Gains Tax –
A few Republican Presidential candidates are supporting the elimination of long term capital gains. The reduction in the capital gains rate could spark investments and increase job growth. Currently, there are five Republican Presidential candidates that support the capital gains … Continue reading
Posted in Banking, Democrat, Economic News, General, Investments, Political News, Republican, Stocks, Tax
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Manufacturing Slows –
According to the Institute for Supply Management, national factory activity fell to the lowest level since July 2009. The index came in at 50.9 which was four points lower than economists had expected. The report sent stocks lower and the … Continue reading
Posted in Economic News, General, Infrastructure, Investments, Stocks
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European Union Offers New Greek Aid Plan –
European leaders announced $229 billion of additional aid for Greece. They also gave their $440 billion Euro rescue fund the ability to purchase debt from Euro nations under pressure in the markets. The leaders hope that the plan will prevent the debt … Continue reading
Posted in Banking, Bonds, Currency, Economic News, Euro, General, Investments, Political News, Stocks, Trading
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Republicans May Agree To Raise Debt Ceiling –
Republicans may agree to a short term deal to raise the debt ceiling. According to the U.S. Treasury Department, the debt ceiling has to be raised by August 2nd to meet current obligations. The current debt ceiling is $14.3 Trillion and negotiations will … Continue reading
Posted in Bonds, Democrat, Economic News, General, Political News, Regulatory, Republican, Treasury
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Dow Jones Posts Strong Gains –
The Dow Jones Industrials gained almost 170 points and capped the best week of trading in two years. The gain was a great start for july and the fifth straight day of gains for the Dow Jones. Although trading volume was light, the … Continue reading
Posted in Banking, Earnings, Economic News, General, Investments, Stocks, Trading, Uncategorized
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Stocks Rebound –
Stocks rebounded in trading on Monday and finished up almost 110 points on the day. Microsoft and Bank of America were two of the market movers that helped to drive the rebound. Microsoft increased 90 cents on the possibility that Windows 8 … Continue reading
Posted in Banking, Earnings, Economic News, General, Investments, Stocks, Trading
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Dow Industrials Rise –
The Dow Jones Industrial Average rose almost fifty points and finished slightly above 12,000. This was the first weekly gain for the Dow after having six losing weeks. Investors were optimistic that Greece would receive a bailout and that sent the Dow … Continue reading
Posted in Banking, Earnings, Economic News, General, Investments, Political News, Stocks, Trading
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