Tag: stock market
With Election Day less than a month away, television is filled with talking heads spreading the conventional wisdom of what a Republican or Democrat president might mean for the economy. But when it comes to the relationship between presidential politics and the behavior of the financial markets, a group of business researchers says that conventional...
In Washington, D.C. … Now that Congress and the president have agreed to a plan to reduce spending and the federal deficit, we are awaiting the details of which federal programs will be reduced and by how much. Congress is on a four-week recess, returning after Labor Day. THE MOST IMMEDIATE REACTION to the recent...
The U.S. stock market took a beating Thursday, and investors’ jitters have some justification — but perhaps only in the short term, according to Khan Mohabbat, a professor of economics at Northern Illinois University. “Investors certainly are worried a great deal about where to put their money right now,” Mohabbat says. Among the key reasons...
