|
|
|
Wall Street Closes Mixed On Last Day Of Holiday-Shortened Week
Stocks ended an abbreviated session mixed on Thursday following the release of some mixed economic data. The trading session saw light volume as some investors looked to extend their holiday weekend, adding to some volatility in the markets. |
|
|
|
INTERVIEW: John Silvia Of Wachovia: No Job Gains For Next 4-5 Months
In an interview with RTT News, John Silvia, chief economist at Wachovia discusses the June employment report released Thursday morning, which he says implied that the labor market is “weak” and the broader economy is “very weak.” Silvia predicts that we’re in for another three to six months of “tough economic going.” |
|
|
|
AM BUZZ: Ron Kiddoo Of Cozad Asset Management On Why He Is Still “Somewhat Optimistic”
In Thursday’s AM Buzz, Ron Kiddoo, chief investment officer at Cozad Asset Management explains why history leads him to be optimistic in the current market. Kiddoo says there are “definitely concerns,” but stresses that “we will work through these things.” |
|
|
|
Service Sector Shows Unexpected Contraction In June
Activity in the service sector unexpectedly contracted in the month of June, according to a report released by the Institute for Supply Management on Thursday. |
|
|
|
INTERVIEW: Brent Wilsey Of Wilsey Asset Management: Stocks To Make You And Your Portfolio Look Good
In an interview with RTT News, Brent Wilsey, president of Wilsey Asset Management reveals his five stock plays that benefit from “America’s insatiable desire for an enhanced self-image.” |