Entries by Tom 2

Your Weekly Economic Update

Below is an excerpt from the “Economic Section” of the Sevens Report originally released on 12.29.14 Economic Update Last Week There were two key takeaways from last week’s economic data: First, the U.S. consumer re-emerged in the 2nd and 3rd quarters of 2014, and was the main driver of growth in the U.S. economy during […]

Greek Election Update: Is The EU Preparing for a Grexit?

Greek Election Update (Originally Released 12.29.14) The biggest event of this holiday week has already come and gone, as the Greek Parliament failed to elect a President and there will not be general elections in early February. PM Samara’s gamble has failed, and as of this writing the Athens stock market is down 11% and […]

Financial Newsletter: Stock Market Closes Higher, Energy Stocks Underperform

Equities (originally released to subscribers on 12/23/2014) Market Recap Stocks drifted higher to start the week yesterday, modestly extending last week’s gains despite declines in energy stocks. The S&P 500 added 0.38%. Futures were higher before the open yesterday as they rallied in sympathy with global shares, which were broadly higher on ECB stimulus hopes […]