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Despite fears of a looming crisis, at least one observer of the economy thinks talk of a collapse in commercial real estate may be unfounded. ...more
October 28, 2009
Despite fears of a looming crisis, at least one observer of the economy believes talk of a collapse in commercial real estate may be unfounded. ...more
October 27, 2009
In September, a continuing decline in the price of oil bolstered consumers' outlooks. In October, news of the potential for a collapse of worldwide financial markets brought despair. ...more
December 28, 2008
In September, a continuing decline in the price of oil bolstered consumers' outlooks. In October, news of the potential for a collapse of worldwide financial markets brought despair. ...more
December 27, 2008
Investors agonizing over a faltering economy sent the stock market plunging all over again today after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The Dow Jones industrials dropped as much as 572 points, more than half their huge 936-point advance from Monday, and all the major indexes fell at least 5 percent. ...more
October 15, 2008
The stock market goes up 200 points one day, and down 200 the next. Inflation is heating up, credit is tight and there's talk the economy may fall into recession. ...more
December 26, 2007
Wall Street suffered its second big drop in a week Wednesday, with investors worried about spreading fallout from the credit crisis at banks and about a dollar that just keeps getting weaker. The Dow Jones industrial average fell more than 360 points - just about matching its pullback Nov. 1. ...more
November 7, 2007
'We who are about to die salute you.' A wary Art Cashin heard this phrase in its original Latin - morituri te salutamus - from a fellow trader and student of the classics early on a day 20 years ago that would earn the ignoble title Black Monday and serve as a lesson about the fragility of rising stock markets. ...more
October 19, 2007
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