On today's market action
Today saw the S&P 500 rise for the fourth straight day, the longest up-streak since September. And that puts us up 10% since Christmas Eve. Crude is rallying too , with WTI gaining almost 5% on the day to $52.18. What's more, yesterday, investors rotated $745 million out of from Vanguard's $27.2 billion short-term bond ETF. That's the fund's biggest one-day withdrawal ever - and it tell you the bulls are back.
I told you there were no signs of recession anywhere on ...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.