Bullish Blog

AP - Stocks fell sharply Friday after a series of depressing economic and corporate reports as well as high oil prices stoked concerns about the health of the economy. The major stock indexes fell more than 2.5 percent and the Dow Jones industrials lost 315 points.

You can buy a designer vase at Ikea for $39.99. Yet there are buyers willing to pay $60,000 for a vase by the same artist. We examine why.

AP - Treasury prices rallied Friday, benefiting from a sharp decline in equity markets as investors reacted to weak economic reports and disappointing corporate earnings. The stock selloff sent the Dow Jones industrial average down more than 300 points.

Reuters - The Toronto Stock Exchange's main index had its biggest decline in more than three weeks on Friday, hit by jitters over the health of the U.S. economy, and with resource and banking shares falling sharply.

All three major indexes suffer their fourth monthly losses in a row, something last seen in 2002. Investors will spend the weekend wondering whether to nibble at stocks or wait until the turmoil subsides. Northrop Grumman wins the big Air Force tanker contract over Boeing. 

AP - Stocks fell sharply Friday after a series of depressing economic and corporate reports as well as high oil prices stoked concerns about the health of the economy. The major stock indexes fell more than 2.5 percent and the Dow Jones industrials lost 315 points.

Reuters - Stocks tumbled on Friday as another round of weak economic data added to U.S. recession fears and a record loss at insurer AIG underscored worries about more write-downs in the financial sector.

AP - Japanese stocks fell sharply Friday as the yen climbed to its highest level against the dollar in nearly three years following U.S. Federal Reserve Chairman Ben Bernanke's pessimistic remarks on the U.S. economy.

On the campaign trail, the Democratic candidate strikes a populist tone that worries many business leaders. But Wall Street is comfortable with her.

All that cheering on Wall Street is for a plan to use rubber cement and duct tape to patch some big holes in the financial system. Skepticism is in order.