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  • S&P hits 2000 mark
    S&P rises to over 2000 for the first time
    This morning, the S&P, Standard and Poor, 500 stock index rose to 2000 for the first time to 2000 in the powerful bull market that began in March 2009 briefly this morning at about 10:11 a.m. This morning the 10 primary S&P 500 sectors...
  • US Dollar and Congress
    U.S. downgrade and the fiscal cliff – an insight
    With the elections behind and all votes now tallied, economists are looking at the possibility of the US going over a fiscal cliff and whether US debt will face another downgrade early next year.We will try to provide some insight as to what a...
  • Spain's credit rating cut to near junk
    Spain's credit rating cut to near junk
    The economic instability across Europe appears to have not been so horrible since the time of the Great Depression. In an article on October 11, 2012 Chuck Butler has reported for Business Insider: "S&P Downgrades Spain’s Credit...
  • The curious case of the S&P 500
    The curious case of the S&P 500
    The first half of earnings season is a wrap and 66% of the 291 Standard & Poor’s 500 (S&P 500) companies that have reported earnings, have managed to beat Wall Street expectations. Another 13% of the S&P 500 companies have...
  • Earnings season
    Earnings season brings better-than-expected first-quarter results
    Prior to the first-quarter 2012 earnings season kickoff, most analysts were anticipating 1% growth from the Standard and Poor's (S&P) 500 Index. Instead, with 106 of S&P 500 companies having already reported, earnings growth stands...
  • Wall Street
    Stock market indices reach new heights
    Stock market indices today posted their strongest session yet in 2012, improving portfolio values, rebuilding nest eggs, and otherwise increasing the net worth of millions of Americans with money tied to the equity markets.Summarizing the index...
  • Credit rating
    S&P cuts the credit rating for Bank of America
    Standard and Poor’s (S&P) downgraded Bank of America's credit rating on Tuesday. It also downgraded Wells Fargo which bought out Charlotte's Wachovia bank in 2008. This downgrade is due to a change in the methodology that S&P...
  • Traders work on the floor of the New York Stock Exchange
    S&P 500 nears bear market
    The first trading day of the fourth quarter saw more selling on Wall Street. Another setback in the Greek credit crises pushed the Standard & Poor’s to its lowest level of the year and close to a bear market.As of the close of today...
  • anarchy logo
    2012: Reminding Me of Why I Hate the State
    Government, by its very nature, is destructive. After all, government survives by siphoning resources from the economy, in the form of taxation. In fact, let's conduct an exercise: What would occur if government stopped using coercion ...
  • Police State USA?
    Police State USA, Big letter "L" Law, the S&P Downgrade and Hosni Mubarak
    "None are more hopelessly enslaved than those who falsely believe they are free"- Johann Wolfgang Von Goethe.In High School Civics, most Americans are indoctrinated with the propaganda of the superiority of the American style of...
  • Stock Exchange
    Rating agencies are required to start revealing errors
    Credit rating agencies such as Standard and Poors (S&P), Moodys, and Fitch are required to start publicly reporting significant errors in their calculations of credit ratings.Could this have played a roleas towhy the U.S. government's...
  • SF learns Dow Jones rallies, increases over 400 points (photos)
    SF learns Dow Jones rallies, increases over 400 points
    SF learns Dow Jones rallies, increases over 400 pointsNEW YORK, NY -- Top news here in San Francisco is on the Dow Jones having gone back up after many investors feared the U.S. economy might be headed for another recession.San Francisco resident,...
  • Sarah Palin weighs in on the US downgrade and government debt
    Sarah Palin weighs in on the US downgrade and government debt
    On August 8th, conservative values advocate Sarah Palin provided her opinion on the recent S&P downgrade of the US credit rating, and how the spending binges of the last three years have led governemnt debt to skyrocket to a point that our...
  • prices at the gas pump
    S&P lowers US credit rating and gas prices in St. Louis dip to $3.13 a gallon
    Related, or just a happy coincidence? Yesterday's news of the S&P lowering the US credit rating came with a hard blow to the US, and the St. Louis area. Investors have panicked and frantically sold off stocks for fear they would lose...
  • Congress slams S&P for their own failure to deal with debt crisis
    Congress slams S&P for their own failure to deal with debt crisis
    Congressional leaders, as well as members of the Obama Administration, have lashed out and slammed S&P for the recent downgrade of the United States credit rating. Since the downgrade on August 5th by S&P, Treasury Secretary Timothy...