Mar 21 Watch 3:29 Swings in currency market, stock prices cap Wall Street’s chaotic week By PBS News Hour It was a topsy turvy week in the markets, with huge swings in the currency markets and, by week's end, another sharp rise in stock prices. The Dow and S&P closed Friday just below their all-time highs. Michael Regan of… Continue watching
Mar 06 Dow Jones shuffle: Apple in, AT&T out By Anna Sillers After Appleās seven-for-one stock split this past June, the tech company will be joining the Dow Jones Industrial Average, and AT&T has been kicked out, the index announced Friday. The change will take effect on March 18. Continue reading
Feb 16 The Pleistocene investor who predicted Dow 5K: How does 18K feel? By Terry Burnham Economist Terry Burnham is well know for predicting that the Dow would hit 5,000 before it hit 20,000. Now that the Dow has closed above 18,000, Burnham isn't abandoning his forecast, but he is speaking openly about the physical and… Continue reading
Oct 16 The two great fears driving the stock market By Doug Dachille Wall Street money manager Doug Dachille identifies two risk factors for market volatility and argues that unless the Fed has cooked up a new economic therapy to respond to the next bout of deflation, there may be more significant economic… Continue reading
Sep 17 Fed announcement drives new record close for Dow Jones By Justin Scuiletti The Dow Jones industrial average closed at a record high today after a Federal Reserve announcement affirming the continuation of a near zero short-term interest rate for a "considerable time."… Continue reading
Sep 02 Watch News Wrap: U.S. airstrike may have killed Somali militant leader By PBS News Hour In our news wrap Tuesday, the Pentagon confirmed that a U.S. airstrike in Somalia overnight targeted the leader of the al-Qaida-linked group al-Shabab. It was unclear whether Ahmed Abdi Godane -- the alleged mastermind behind the raid of a Kenyan… Continue watching
Jul 14 The Dow may be above 17,000, but not for long By Terry Burnham A year after economist Terry Burnham predicted the Dow Jones Industrial Average would hit 5,000 before 20,000, it closed above 17,000 Monday. But Burnham is sticking by his call, introducing a scorecard to track the macroeconomic policies underlying the impending… Continue reading
May 21 Why one economist isn’t running with the bulls: Dow 5,000 remains closer than you think By Terry Burnham The impending end of the government's unprecedented monetary and fiscal policies will be a revelatory moment for the U.S. economy. Will the market continue booming without those interventions? Terry Burnham isn't buying that it will. Continue reading
Dec 31 Watch Wall Street completes year-long rally with record-breaking gains in 2013 Wall Street completes year-long rally with record-breaking gains in 2013… Continue watching
Nov 22 Watch Bubble in the making? How the stock market might not reflect the current economy Bubble in the making? How the stock market might not reflect the current economy… Continue watching