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Was today the end of the market wobble?

Was today the end of the market wobble?

Today the Standard & Poor’s 500 stock index added 0.8%, the Nasdaq Composite climbed to a new all time high, and the Russell 2000 small cap index rose 1.6%. The action put an end to what I’d call a “market wobble” that had seen the...
So how strong is the economy–really?

So how strong is the economy–really?

The economic data this morning paint contradictory pictures on the strength of the U.S. economy. On the one hand GDP in the third quarter grew at a 3% annual rate. That was far better than the 2.6% expected by economists surveyed by Bloomberg. With the 3.1% growth in...