April 28, 2024

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  • The Weird Economy Continues

    Good news on Wall Street today:

    Stocks rallied at midday on Monday as solid results from leading companies like McDonald's Corp. and Procter & Gamble Co. bolstered hopes that corporate profits are poised for a rebound.

    This is positive after the first quarter GDP numbers and the poor job news last week. This economy has been weird for some time--it is never uniformly good news nor bad news.

    Source: U.S. Stocks Rise; Earnings Provide Hope

    Posted by Steven Taylor at April 28, 2024 08:46 PM | TrackBack
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