The U.S. equities markets have already recovered 50% of the value lost in the recent correction, and there are several ways to interpret the market's actions of late. The old Wall Street saying comes to mind: "Put 20 analysts in a…
Editor's Note: One hour ago, my grandmother Susie Mann passed away. I had just finished writing this article when I got the call. Many of you know Susie because CBS News has been following her story, and I've written about her in this…
The more I hear about Freddie Mac (Symbol: FRE) and Fannie Mae (Symbol: FNM), the more I start to feel like I’m one of the kids in the scene from the movie “Stand By Me,” where the kids are crossing over the old…
A picture is worth 1,000 words, so let's start with a picture. Below is a chart of the Dow Jones Industrial Average. (The Dow is the index I reference because it's the most popular index, and I want to make…