February 14th Market
February 14th Economic
Mark Levy’s Economic Update – February 07, 2012 For the month of January, the S&P 500 returned 4.4% – an impressive move, considering very few in the financial media saw this coming. The January unemployment report was one of the most robust employment reports in many years. This along with improved European concerns and good […]
February 7th Market
February 7th Economic
January 31st Market
January 31st Economic
Janaury 24th Market
January 24th Economic
January 17th Market
January17th Economic
Economic Update January 2012 Over the last four years, the market declined in excess of 2% in a single day around 100 times, more than any other four-year period since the S&P 500 Index’s formation in 1957. On the flip-side, the market also recorded a 2% or greater gain in a single day more than […]
January 09, 2012 Greetings All: The New Year has begun and on a good note as we had a nice upward market move on January 3rd and several reported and notable economic indicators are also showing improvement; the Institute for Supply Management (ISM) reported its manufacturing index rose to 53.9 in December (the best result […]
Mark Levy’s Economic Update – January 4, 2012 Let’s start with tax reporting information. The new deadline for 2011 1099’s consolidated tax information is February 15. The IRS has extended this date from January 31st because of the challenges financial institutions had with the early date. In recent years corrected 1099’s became the norm, so […]
The Cornerstone December 2011 “Acronym Soup” The whipsaws continue. Due to surging consumer spending, good economic indicators and central bank intervention the S&P surged 7.4% in the week that ended December 2nd. The move was second in history only to the huge week of March 9-13, 2009, according to money manager Louis Navellier. This explosion […]