Oregon’s financial radio show

where we give you the truth
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On the air in Portland, Bend, Eugene & John Day

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The latest from our blog

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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Contribution Amounts Increase in 2019

U.S. stocks finished yesterday’s trading session mostly higher but weakness in the technology and internet-relate sectors limited an advance in the broader market.  Shares of Apple extended their post-earnings slide yesterday, after a report suggested iPhone XR demand...

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Streak Busted

The S&P 500 increased 1% last Thursday, its third straight gain of 1% or more, the first such streak since June 2016. That streak ended Friday as markets closed down. The S&P 500 hasn't been up 1% on 4 consecutive days since 1982. (LPL) Europe continues to struggle to...

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Big Jobs Number

The US Department of Labor says the economy added 250,000 new jobs in October. The unemployment rate stands at 3.7%. Despite a strong finish to October with a Halloween rally, the S&P 500 suffered its worst month in over seven years with a 6.9% decline. In addition to...

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A Clean Slate

Oregon is losing another publicly held company from the State. Electro Scientific Industries, has sold to MKS Instruments of Massachusetts for $1 billion in cash. The $30-a-share price is a little more than double ESI's closing stock price Monday. ESI employees about...

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