Money
Associated Press/Photo by Eric Gay

Dollars and Sense: At quarter's end, the markets lack conviction

Money
by Warren Cole Smith
Posted 4/06/15, 10:00 am

A new quarter. In the past week, we turned over a new month and a new quarter. Though we still have plenty of problems in the economy, it’s fair to say we have more good news than bad. Stock market performance was mixed. The Dow was down slightly for the quarter, but the S&P 500 and the NASDAQ both rose. In fact, they rose for the ninth consecutive quarter. 

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Muscular money

Money | The rise of the dollar against other currencies carries risks and rewards 
by David Skeel
Posted 4/03/15, 01:00 am

I first learned about the dollar’s recent strength after noticing something odd about the change in my pockets several months ago: lots of Canadian dimes and quarters. Since I haven’t been to Canada lately, I suspected Canadian coins might be showing up in cash registers because they’d recently become cheaper than American money. And indeed they had: Last July, a Canadian dollar was worth roughly the same as an American dollar; as of late March, it was worth 80 cents.

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Associated Press/Photo by Yorgos Karahalis

Dollars and Sense: Volatility returns to the markets

Money
by Warren Cole Smith
Posted 3/30/15, 10:08 am

Calm before the storm. Last Monday, I said the week before had been pretty quiet, but we can now say it was a calm before another storm. In Europe, Greece and its key creditor Germany kept trying to work out a deal for Greece’s debt. But because both sides remain intractable, the deal continues to stall, spooking the global markets. The Dow lost ground four out of five days last week. We also saw a continuation of volatility in the markets. On 14 of the first 19 trading sessions in March, the Dow moved up or down more than 100 points.

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