Economy

August 18, 2014
FreeSeas (FREE:NASDAQ) ripped 28% higher on 3.8 million shares traded Monday after regaining compliance with Nasdaq's minimum stockholders' equity rule. FreeSeas is an Athens...
June 17, 2013
Stocks in the US rallied Monday morning, a day before Ben Bernanke and the Federal Reserve are set to hold its 2 day policy meeting. Bernanke will speak to the state of the US...
June 14, 2013
Pinnacle Digest writes: The market is becoming obsessed with the Fed and a potential interest rate increase or scale back in its bond buying program. Participants appear to be...
June 2, 2013
Pinnacle Digest writes: US banks recently reported all time record quarterly profits at over $40 billion, while Main Street, or the average American, has failed to recover and has...
May 30, 2013
Pinnacle Digest writes: Even the Federal Reserve has limitations and the markets might finally be ready to succumb to the underlying weakness of the US economy. This was the case...
May 28, 2013
Pinnacle Digest writes: Bernanke sure is having fun right now. US home prices are rising at the fastest pace in 7 years while US equities touch all-time nominal highs. If you bet...
May 24, 2013
Pinnacle Digest writes: The Flash Crash of 2010 which saw the Dow Jones drop 1000 points in a single day only to recover 600 of those points in minutes, got regulators working...
May 17, 2013
Pinnacle Digest writes: The IMF has recently come out with a report that explains Spain is officially insolvent. As the USD continues to strengthen amidst weakness from Europe and...
May 14, 2013
Pinnacle Digest writes: It seems there are more talking heads, media hype and confused analysts discussing daily gibber gabber these days than ever before, especially in the US....
May 10, 2013
Pinnacle Digest writes: The subject of water investing will continue to rise in prominence as populations explode, driving food demand, in an ever warmer and drought ridden...
May 7, 2013
Pinnacle Digest writes: The S&P 500 continues its ascent ever higher, trading up 6 points or 0.4% Tuesday afternoon to 1,624.16. The valuations on the S&P are not...
May 3, 2013
Pinnacle Digest writes: Despite very solid jobs numbers released Friday, which sent US markets to new all-time highs, all is not rosy in the US. Manufacturing numbers drifted ever...
April 30, 2013
Pinnacle Digest writes: Data released Tuesday confirmed that the Spanish economy has contracted for a 7th straight quarter. Given the incredible unemployment rate, now approaching...
April 29, 2013
Pinnacle Digest writes: The ongoing suspension of the US debt limit expires on May 19th 2013. As we enter the month of May, the debt ceiling and how best to deal with it are going...
April 26, 2013
Pinnacle Digest writes: Market data is beginning to soften and next week could be the biggest indicator yet of whether it’s time to get out or stay in. In respect to the S&P...
April 24, 2013
Pinnacle Digest writes: Some of Wall Street's largest banks, such as JP Morgan, Morgan Stanley and Bank of America are warning additional regulation could hamper profits. Bank of...
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