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Author Archives: Jeremy Ryan
Today we have a guest post by Dr. Sudhir Krishnamurthi, Ronald van der Wouden, and Kenneth LaPlace from The Rock Creek Group, LP (Rock Creek). Dr. Krishnamurthi, Mr. van der Wouden, and Mr. LaPlace are portfolio managers of the Wells … Continue reading
The Federal Open Market Committee left its interest rate and policies unchanged after its meeting today, but language in the statement indicated it was prepping for an interest-rate increase sooner rather than later. The Dow rose 121 points, with 26 … Continue reading
A solid durable-goods report in the U.S. was overshadowed by another clobbering of the Chinese stock market, and U.S. indexes closed lower. The Dow fell 127 points, with 25 of its 30 components retreating; the S&P 500 Index declined 12; … Continue reading
Stocks posted moderate losses after mixed earnings reports and a report showing unemployment claims sank to a 42-year low raised speculation about earlier-than-expected interest rate hikes from the Federal Reserve. The Dow fell 119 points, with 25 of its 30 … Continue reading
It’s hard for the major indexes to stay in the green when the world’s largest company tumbles, and that’s what happened after Apple gave a disappointing forecast for its current quarter. Also today, existing-home sales continued to rise, while gold … Continue reading
Stocks posted modest gains after Greece made good on its missed payments and several earnings reports came in better than expected. The Dow rose 13 points, with only 14 of its 30 components gaining ground; the S&P 500 Index was … Continue reading
The Federal Open Market Committee still expects to raise interest rates later this year as long as the economy improves as forecast, according to congressional testimony by Federal Reserve Chair Janet Yellen. Stocks were flat on a busy news day, … Continue reading
Stocks jumped today after an agreement was tentatively reached between Greece and its creditors, a deal still subject to approval by Greece’s parliament this week. In the U.S., investors prepared for a busy week of second-quarter earnings, congressional testimony by … Continue reading
The crisis in Greece grew even more confusing today, as all sides now are awaiting the results of the scheduled July 5 referendum, but Greece’s leaders and European officials have different interpretations of what the votes could mean. In the … Continue reading