The S&P 500 Index rose 0.6% today to bring the index back to levels last seen in September, before the federal government’s shutdown. Wall Street responded optimisticly to reports that the White House and Republicans are negotiating a debt-limit increase and approval of funding for the government. “The quicker we can get this sideshow out of the way, the quicker that investors can focus on the actual fundamentals,” said Jim Russell, a senior equity strategist for U.S. Bank Wealth Management. “It’s critical because every day that we’re hanging out there without the federal government being up and running, it damages the economy, it damages earnings, it damages investor confidence.”
Last year’s fourth-quarter’s well-defined downtrend for inflation looks to have bottomed out at just under…
Picture this: You've diligently saved for retirement your whole career, dutifully contributing to your 401(k),…
“Congratulations on your work. It has been a long slog to get the national accounts…
The broken wing butterfly and the butterfly spread are two different types of option trading…
The bear call spread and the bear put spread are option strategies used when an…
It’s not often that you hear the brilliant Austrian school economist Ludwig von Mises referenced…