Tag Archives: Stock Market

When George Soros Speaks, Capitalism Listens

Posted on April 28, 2013 at 5:30 pm by Mr. Brink

Because Socialism! or something. J.C. Penney shares finished up 11.6% Friday following news late Thursday that hedge fund mogul George Soros has taken a large stake in the retailer, and a report from CNBC Friday afternoon that Goldman Sachs has secured $1.75 billion in financing … Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →
Continue reading →

Posted in Economy, End of America, Wingnuts | Tagged , , | 2 Comments

The Obama Bull Market

Posted on February 2, 2013 at 10:41 am by Bob Cesca

As Ashby noted yesterday, the Dow topped 14,000 for the first time since 2007 yesterday, and it’s a pretty big deal. Remember on Thursday when CNBC’s Rick Santelli was screaming about how we’ve become Europe? Yeah okay. Imagine for a … Continue reading →

Posted in Economy | Tagged , , | 8 Comments

Hostility to Business

Posted on April 6, 2012 at 8:00 pm by JM Ashby

Artist – Pat Bagley This Maddow segment on Michigan’s emergency manager law is required viewing. Pass it on to any friends or family you have who reside in the state.

Posted in Open Thread | Tagged , , , | Leave a comment

More Socialism

Posted on April 2, 2012 at 6:40 pm by JM Ashby

Via Bloomberg, stocks rose to their highest level since 2007 today following better than expected news for domestic manufacturing. U.S. stocks rose, sending the Dow Jones Industrial Average to the highest level since December 2007, on stronger-than-forecast growth in manufacturing. … Continue reading →

Posted in Economy | Tagged , , , | 5 Comments

Socialism On Parade

Posted on March 30, 2012 at 6:30 pm by JM Ashby

If we’re all suffering under the tyranny of socialism as the Republicans would have you believe, perhaps socialism isn’t so bad. NEW YORK (CNNMoney) — U.S. stocks closed mixed Friday, with the Dow and S&P 500 ending the best first … Continue reading →

Posted in Economy | Tagged , , , , | 3 Comments

Chart of the Day

Posted on February 28, 2012 at 4:20 pm by JM Ashby

Analysis of the S&P 500 over the past 50 years by Bloomberg Government reveals the not-surprising fact that stocks make larger gains under Democratic administrations than they do under Republicans. The BGOV Barometer shows that, over the five decades since … Continue reading →

Posted in Economy | Tagged , , , | Leave a comment

Banning Short Sales on Wall Street

Posted on August 12, 2011 at 2:27 pm by Bob Cesca

This is a phenomenal idea. Banning short sales. We should try it for a while: Four European countries are banning the short selling of stocks in their markets to try to halt the precipitous plunge in value of troubled European … Continue reading →

Posted in Economy | Tagged , , , , | 4 Comments

Sell! Sell! Sell!

Posted on August 11, 2011 at 7:24 am by Bob Cesca

Yesterday was another freak out on Wall Street with the Dow clocking its ninth worst point loss in history. 519 points down, obliterating the gains from Tuesday. If you have a spare couple of minutes, turn on CNBC for bit … Continue reading →

Posted in Economy | Tagged , , , | 9 Comments

Turn Those Machines Back On!

Posted on August 9, 2011 at 7:04 am by Bob Cesca

I suppose begging investors to resist the urge to stop peeing their big-boy underwears and hang tight would be a complete waste of time right now. The Dow lost 634 points yesterday — the sixth biggest decline of all time. … Continue reading →

Posted in Economy | Tagged , , , , | 12 Comments

Sell, Sell, Sell!

Posted on August 8, 2011 at 8:41 am by Bob Cesca

How’s everything at the casino? Follow along here.

Posted in Economy | Tagged , , , | 8 Comments