While the economy has added jobs it has hardly kept pace with the growth in population and also the new pool of people entering into the workforce. We essentially have the same number of Americans employed as we did in 2000 yet the workforce has grown by 33 million. What does this say about the [...]
The stock market had one of its best quarters on record. The first quarter of 2012 saw the best stock performance since 1998. What would be considered solid gains for any year overall the stock market accomplished the gains over three months. It is interesting to examine a parallel economy where housing is still performing [...]
Apple Flash Crash: Trades halted after odd trade causes 9 percent drop. For a second Apple lost $50 billion in market cap.
Apple stock took a very big drop today, actually dropping by 9 percent while circuit breakers were activated to halt trading. The hit took place early in the morning. It must have come as a shock to many traders especially given the near unstoppable rise in the value of Apple’s stock. The sale and plunge [...]