Up 300+ points, down roughly 100 points as the Dow Jones Industrial average rose yesterday only to give back small gains. The Dow Jones Industrial Average declined by 97 points to 26,018 after rising at the open to a fresh intraday high. The S&P 500 dropped 0.16% and the Nasdaq fell 0.033 percent. What is…
Today I received an e-mail message from one of my concerned students: Hello Mr. Moadel, I’ve been running into a lot of information about a possible recession approaching in 2018, including but not limited to: Markets overextended Short-term treasury bond yields now greater than long-term yields Continued dollar devaluation Other countries beginning to drop the…
It’s Thursday January 18, 2018 and we are just shy of hitting the debt ceiling and in need of resolution and an agreement from the Federal government. Republican leaders are scheduled to bring forward a short-term spending bill to keep the government running through mid-February, The Wall Street Journal reported. The uncertainty surrounding a resolution to…
