Paul Dykewicz
Reasons Remain for Fed to Keep Easy-Money Policies Fueling Equities
Compelling reasons exist for the Federal Open Market Committee to stay with easy-money policies that have kept the stock market rising.
Investors Have Reason for Caution but Not Panic
The economic numbers reported around the world during the last few weeks have given investors reason for caution but not for panic.
Investors Should Delve beyond Dip in U.S. Unemployment Rate to Find True Picture
Today’s headline that the U.S. unemployment rate in November fell to 7.7%, its lowest level since 2008, may seem positive until you delve into the data reported by the U.S. Bureau of Labor Statistics and realize the number of unemployed stayed around 12 million, while the ranks of the long-term unemployed out of work involuntarily for at least 27 weeks was little changed at 4.8 million.
U.S. Markets Closed Today and Tuesday
The NYSE Euronext (NYX) announced that it closed U.S. markets today and tomorrow due to Hurricane Sandy, which is expected to cause flooding and damaging winds in New York City. The exchange released a statement indicating that it supports the consensus of the markets and the regulatory community that the dangerous conditions developing due to […]
PepsiCo. Flexes Political Muscle to Obtain Federal Aid to Enter Yogurt Business
PepsiCo. Inc. (NYSE: PEP), the world’s largest snack food company, flexed formidable political muscle when it arranged to receive $1.3 million in federal help to build a premium yogurt plant in upstate New York to compete with Chobani, Dannon and other yogurt manufacturers.
Today’s 25th Anniversary of Market Crash is a Reminder to Diversify and to Reallocate Assets
Today’s 25th anniversary of the stock market crash of October 19, 1987, should serve as a reminder about the importance of diversification and asset reallocation.