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    • Archive for May, 2008

    Russell’s annual index reconstitution expected to lead to heavy trading in some stocks

    Saturday, May 31st, 2008

    The whole month of June is kind of a magic month.” Citi Investment Research equity strategist Lori Calvasina wasn’t referring to weddings, graduations or wildflowers blooming. She was talking about the stock trading that will take place in the next few weeks in anticipation of the annual reconstitution of Russell Investment’s indexes.
    It may seem like […]

    Index: Weak economy may dodge a recession

    Monday, May 19th, 2008

    Gas prices are high, food’s more expensive and the job market’s cold, but the U.S. may still avoid a recession.That was the message Monday from a private business group whose index of leading economic indicators defied expectations and inched higher in April.
    The New York-based Conference Board said its forecast of future economic activity rose 0.1 […]

    Summer may bring a turning point for stock market

    Saturday, May 17th, 2008

    After nine months of turmoil that started with the collapse of the subprime mortgage market, Wall Street appears to be at a turning point of sorts.The data of the past few weeks have given investors some hope that the worst of the credit crisis has passed, that the economy isn’t losing jobs at a dangerous […]