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The latest from our blog

Lumpy Market

Stocks pause after back-to-back weekly gains. After rebounding from October's volatility spike over the past two weeks, investors used negative headlines tied to a few bellwether firms in the U.S., along with political tensions in Europe and Washington as reasons to...

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Wholesale Inflation Jumps

The Labor Department said vacancies edged lower to just over 7 million, according to the Job Openings and Labor Turnover Survey. The ranks of the unemployed was 6.08 million in October. One of the impacts of the recent midterm elections could be on gun stocks. Firearm...

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Student Debt At Age 60

The number of women-owned businesses is on the rise. Four in 10 companies in the U.S. are now majority-owned, operated, and controlled by women, according to CNBC. The Wall Street Journal reported that US companies are raising prices on their products after years of...

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Rising Rate Concerns

According to the Mortgage Bankers Association mortgage applications to purchase a home fell 5 percent for the week to the lowest level in two years. Purchase applications were 0.2 percent lower than a year ago. Mortgage applications to refinance fell 3 percent last...

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A Surge In Stocks

Stocks end sharply higher yesterday, following closely watched midterm elections that saw Democrats take control of the House and Republicans retain their hold on the Senate.  The surge in stocks marks the best post-midterm election rally for the S&P 500 and Dow in...

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Moving On

Earnings growth surpasses prior two quarters. With about 75% of S&P 500 companies having reported, earnings growth is tracking to a 27.1% year-over-year increase, up from 25.2% last week and highest since Q4 2010. Meanwhile earnings expectations have held up well....

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