Month: February 2017

February
27

Provided by: BFG Editor

Dow Finishes at a Record High

Once upon a time, five blind men discovered an elephant. Each man examined a different part of the elephant and formed a unique impression about the animal. One believed an elephant was like a pillar, while another decided an elephant was like a snake. In recent weeks, stock and bond markets have been telling different…

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February
13

Provided by: Jon McGraw

A ‘Phenomenal’ Week for the Markets

What’s the word ‘phenomenal’ worth? It all depends on who says it. Barron’s shared Wilshire Associates’ calculations which indicated the word was worth about $175 billion – the amount markets gained last Thursday – when President Trump used it to describe the tax plan his administration will deliver “ahead of schedule.” Markets gained another $100…

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February
06

Provided by: Jon McGraw

U.S. Stock Markets Were Unsettled Last Week…

President Trump’s executive order banning travel from seven predominantly Muslim countries to the United States for 90 days, in tandem with some disappointing earnings reports, inspired turmoil and uncertainty that helped push U.S. stock markets lower early in the week. The Dow Jones Industrial Average dropped below 20,000. Mid-week, markets remained sanguine after the Federal…

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