Weekly Commentary May 27, 2008

The Markets Oil prices up, stock market down. That just about sums up last week’s market action. After rising 57% in 2007, the price of a barrel of crude oil has risen another 38% so far in 2008—and it’s starting to hurt, according to Barron’s. Oil is a key ingredient...

Weekly Commentary May 19, 2008

The Markets Do you remember when Jimmy Carter was President? That’s how long it’s been since consumer confidence was as low as it is now. The Reuters/University of Michigan index of consumer confidence sank to 59.5 in May, according to a Reuters report. That’s the...

Weekly Commentary May 12, 2008

The Markets Soaring crude oil prices helped put the kibosh on a three-week winning streak in the stock market, according to the Wall Street Journal. The Journal reported that for the six trading days ending May 9, crude oil prices surged 11.8% and ended at a record...

Weekly Commentary May 5, 2008

The Markets There’s an old saying that 90% of what people worry about never actually happens. Investors seem to fall into that trap, too, as they fretted about all sorts of economic problems over the past few months and as a result, drove down stock prices. However,...