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S&P 500 posts best first half since 1998
The market is clearly adjusting to the new era, as the Fed prepares the market for the possible Fed tapering in September.
US GDP growth rate should be 1.8% in 2013, but the stock markets are up 13%. A 10% correction would reach the point that the markets should hit for the year, and a 15% drop would be a buying opportunity. With a 1.8% GDP growth, a stock market rise of 3.0% could nudge GDP growth to 2.1% to 2.4%. That would be healthy growth for the US economy. Wildly excessive growth in stock prices is clearly speculative gambling that makes stock markets places to avoid.
SO, What is it? 2 stories a min, apart?????????????????
By Ryan Vlastelica
Wall St. slips in volatile session on quarter’s last day
NEW YORK | Fri Jun 28, 2013 1:23pm EDT
NEW YORK (Reuters) – Stocks edged mostly lower in a volatile session on Friday, with investors finding little reason to push shares higher after a three-day rally.
By Rodrigo Campos
NEW YORK | Fri Jun 28, 2013 1:24pm EDT
NEW YORK (Reuters) – World equity markets rose for a fourth day on Friday
Global shares rise as Fed fear ebbs; gold’s glimmer dims
SO, What is it? 2 stories a min, apart?????????????????
By Ryan Vlastelica
Wall St. slips in volatile session on quarter’s last day
NEW YORK | Fri Jun 28, 2013 1:23pm EDT
NEW YORK (Reuters) – Stocks edged mostly lower in a volatile session on Friday, with investors finding little reason to push shares higher after a three-day rally.
By Rodrigo Campos
NEW YORK | Fri Jun 28, 2013 1:24pm EDT
NEW YORK (Reuters) – World equity markets rose for a fourth day on Friday
Global shares rise as Fed fear ebbs; gold’s glimmer dims
And yet it was the worst month for stocks in 8 months and the 5th negative month in 20 months. As for the ANALysts and their deduction that investors have come to terms with the Fed eventually ending this program (which they’ll never be able to do in an orderly fashion) and are getting a foothold on what is really an unreality…NOT! Wait until they really come undone and the VIX spikes into the 20+ range. The real volatility hasn’t even started yet.
So the title of the article is “S&P 500 posts best first half since 1998″, but nowhere in the article does it mention what the actual 2013 first half percentage gains are. The July numbers are mentioned, the weekly numbers are mentioned, and the quarterly numbers are mentioned, but no data for the ACTUAL HEADLINE OF THE STORY.
C’mon Ms. Griswold, you can do better than that.

