UPDATE ON THE STOCK MARKET . Witten Friday, June 20th, 2008: 6:30 a.m. Looked to me like yesterday’s stock market rally was a knee-jerk reaction to China announcing it was going to raise oil prices by 17%. Crude dove on the news while stocks jumped. But if one thinks it through, is China raising...
THE STOCK MARKET Written Monday, May 5th, 2008: Weekly Overview. We’ve been up for three straight weeks now. At least for the large cap indices, the Dow Industrials , the S&P 500 and the Nasdaq Composite . You know those US-headquartered but multinational companies doing lots of business overseas...