Trading activities on the Nigerian Stock Exchange continued on an upward trend on Monday as major indicator recorded significant appreciation. The market capitalisation of the listed equities rose by N87bn or 0.8 per cent from N10.370tn last Friday, to N10.457tn. Similarly, the NSE’s All-Share Index increased by 273.17 basis points […]
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Stock market has worst day this year; Dow off 129
The stock market is closing out its worst day so far this year, bringing the Dow average back below 14,000. The drop, which erased 129 points from the Dow Jones industrial average, came on the first trading day after the index closed above 14,000 for the first time since the […]
This Is Housing Bubble 2.0: David Stockman
Many have named a U.S. housing recovery as a bright spot in a so-called broader domestic economic recovery. And data seems to support this analysis, despite a slowdown in sales momentum at the end of the year. Existing home sales in December were up 12.8% from the same time in […]
