Saturday, March 12, 2011

Wisconsin Union Bill Becomes Law

Wisconsin's union bill was signed into law Friday by Governor Scott Walker. The law will strip unions in Wisconsin of their collective bargaining rights.

New York Times, March 12, 2011

New York Times, March 11, 2011

Thursday, March 10, 2011

Two-Year Anniversary of Bull Market's Start

Since March 9, 2009, the S&P 500 has gained more than 95% and the Dow Jones Industrial Average has gained nearly 87%.

Wall Street Journal, March 10, 2011

Wednesday, March 9, 2011

Tuesday, March 8, 2011

Rising Oil Prices Continue

The Dow Jones Industrial Average fell Monday on news of Wells Fargo's downgrade to the semiconductor sector and rising oil prices following continued conflict in Libya. The change pushed the year-to-date return for the DJIA to 4.92%.

Wall Street Journal, March 8, 2011
Stocks Notch a Down Day on Oil Jitters

Monday, March 7, 2011

QE2 Likely to Continue

Fed officials will most likely decide next week to continue the $600 billion Treasury securities purchasing program, known as QE2.

Wall Street Journal, March 7, 2011
Fed Unlikely to Remove Its Economic Stimulus Just Yet