Insights

It's a very nice day in the market today with the S&P 500 (my preferred index) up 1.4%. Out of the 35 world indexes on my Bloomberg app, 28 are up today and nearly all the losing indexes are in Asia. The good news from the market's perspective in Europe. Progress is...

The market is treading water today, looking over earnings announcements, waiting for a debt ceiling deal and clarification on the European debt crisis. Apple just blew away their projected earnings and revenues. They always beat their estimates by a wide margin but...

"Leaders of a bipartisan "Gang of Six" senators said Tuesday that they've reached agreement on a major plan to cut the deficit by roughly $4 trillion over the coming decade in what could be a bold entry into a debate on the deficit long bogged-down by bitter...

Markets are up today. Lest you ascribe that to the news that housing starts are up in the U.S. let me point out that it was major markets in Asia that moved higher first, then Europe, then the U.S. The world is pretty much moving together, as has been the case for the...

Another down day as the markets react to the ongoing debt crisis in Europe and the debt ceiling crisis in the U.S. In both cases, no news is bad news as far as the market is concerned because the clock is ticking. Greece is going to default in some way; there really...