Money
Associated Press/Photo by Pablo Martinez Monsivais

Dollars and Sense: Mixed news didn't dampen the markets

Money
by Warren Cole Smith
Posted 3/02/15, 10:45 am

February rebound. After a rough January, the markets have been on a steady climb. The Dow rose more than 1,000 points in February, recovering all of January’s losses and then some. That growth came despite what I think you would have to call mixed economic news this week.

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Associated Press/Photo by Virginia Mayo

Dollars and Sense: Deconstructing a Greek drama

Money
by Warren Cole Smith
Posted 2/23/15, 10:22 am

Context. The big economic news around the world last week continued to be Greece. Back in 2012, Greece was on the brink of economic ruin and it looked like it might also tear apart the eurozone. But the European Union and the International Monetary Fund bailed the country out, to the tune of about €240 billion. But Greece had to agree to some severe austerity measures, including deep cuts in government spending. That had a huge effect on Greek citizens because of the extent to which government spending drove the Greek economy.

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Associated Press/Photo by Mark Lennihan, File

Dollars and Sense: Is the raging bull about to hit a wall?

Money
by Warren Cole Smith
Posted 2/16/15, 11:00 am

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