by Jane Richey | Mar 7, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
White House Press Secretary Jay Carney declined to weigh in on the Dow hitting an all-time high on Tuesday, a development clashing with President Obama’s assertion that across-the-board spending cuts would imperil the economy. “I don’t comment on markets,” Carney...
by Jane Richey | Nov 21, 2012 | Fiscal Responsibility, Politics
Over the past several weeks, the overall stock market has resembled a roller coaster — down up, down up and then a quick drop. That is the case no matter which major market index we look at. The only real difference among the Dow Jones industrial average, the S&P...
by Jane Richey | Jul 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
A stock sell-off driven by renewed worry over Europe made clear Monday that the continent’s debt crisis remains a threat to the U.S. recovery and President Obama’s reelection chances. Markets were spooked Monday morning by the news that multiple regions of Spain, and...
by Jane Richey | Jul 16, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June. The report led some economists to downgrade their estimates for economic growth in the April-June quarter. Many...
by Jane Richey | May 14, 2012 | Free Markets
A political stalemate in Greece rattled financial markets worldwide on Monday, sending U.S. stocks lower. The price of oil and Treasury yields hit their lowest levels of the year. The euro sank to a three-month low against the dollar. The Dow Jones industrial average...