I often find myself thinking we are living in the Golden Age of American idiocy.
With the advent of social media, we are exposed to discourse that is often best left unsaid, from actresses discussing their colonic purges to sports talk hosts engaging in tasteless rants on Twitter.
But the idiocy is not confined to social media and is especially rampant in the investment world.
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I often find myself thinking we are living in the Golden Age of American idiocy.
With the advent of social media, we are exposed to discourse that is often best left unsaid, from actresses discussing their colonic purges to sports talk hosts engaging in tasteless rants on Twitter.
But the idiocy is not confined to social media and is especially rampant in the investment world.
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What we saw this week is the perfect proof...
We put together a roundup of the top 10 most important market-moving events that made investment news this week.
Yesterday (Tuesday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on CNBC World to talk over the biggest news from the stock market now.
Today, the Dow Jones Industrial Average set a new record high at 15,746.88, and the S&P 500 closed at 1,770.49 (a 0.43% rise since yesterday). The rising markets are indicative that investors believe the U.S. Federal Reserve will see the data and choose to continue with its interest-rate lowering quantitative easing (QE) program.
To continue reading, please click here...
Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.
Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.
To continue reading, please click here...
