Nov 01 Watch What's behind the latest surge on Wall Street? By PBS News Hour Stock prices continue going up, as the Dow Jones Industrial Average and the S&P 500 closed at record highs on Friday. To explore what's pushing the numbers higher, Roben Farzad, host of the radio show, "Full Disclosure," joins Hari Sreenivasan… Continue watching
Oct 28 How cocoa traders make money on the Ebola scare By David Martin Days before Halloween, the price of cocoa, and therefore chocolate bars, is up. But Ebola isn't actually threatening the cocoa supply in West Africa, says commodities trader David Martin. Instead, the market is reacting to human fears, and for traders… 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
Oct 15 Stock market shows massive losses By News Desk The stock market declined sharply Wednesday afternoon, with all three major indexes now experiencing dips that put them into negative territory for the year. Continue reading
Oct 11 Watch What's behind the stock market's sudden turmoil? By PBS News Hour After a long climb, the stock market suffered its biggest losses this past week in two and a half years. To help us understand the forces behind the sudden drop, Roben Farzad joins Hari Sreenivasan via Skype from Richmond, Virginia. Continue watching
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
Aug 28 The real financial monster: low interest rates By Terry Burnham At an economic conference in Jackson Hole, Wyoming, last week, Federal Reserve Chair Janet Yellen said the central bank is awaiting more recovery in the labor market before deciding when to raise interest rates. That was bad news for economist… Continue reading
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 22 The surprising bull: Thomas Piketty on Wall Street By Paul Solman You've heard French economist Thomas Piketty talk about inequality and a global wealth tax to tap into the high rate of return on capital. The stock market is the source of much of that high-end wealth, and Piketty doesn't see… 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