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Stocks rallied into solid gains yesterday, an afterthought about Wednesday’s not-so-bad Fed meeting. Traders are cued up for this morning’s big, monthly employment number, expected to show solid gains in new jobs. These are not the numbers you are looking for. I know that it’s May 3rd and that May the 4th is tomorrow –…
In 2008, researcher Alexander Dahlsrud examined 37 different definitions of Corporate Social Responsibility (CSR)1 . That was 15 years ago, and you probably may not be surprised to learn that there is still not 1 overarching, accepted definition. Of Dahlsrud’s 37 definitions, one of my favorites is “CSR is the voluntary assumption by companies of…
Stocks had a mixed close after a bumpy ride as traders tried to find good and bad in Powells words. US Manufacturing PMI stayed in the contractions zone for another month missing analysts hopes of a modest boost. Red light, green light… sit tight. Virtually no one was expecting the Fed to cut interest rates…
Stocks ended the month on a sour note yesterday as investors could not find any comfort, anywhere from the looming Fed decision expected today. Consumer confidence dips into 2022 range as respondents are unsure about the future. Trick or treat. Hang on, let me blow the dust off this page in my Wall Street book…
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