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Marvin Clark

Citizen based in Scottsdale, AZ, United States. Joined on Aug 10, 2008



Op-Ed: Oil's collapse continues dragging down stocks

Secretary of State John Kerry announced Wednesday that the United States would double, to about $860 million a year, its grant-based support for vulnerable countries that need to adapt to climate change by 2020.

Op-Ed: Stocks close lower on oil price concerns

It might also signal that workers are willing to demand higher wages before accepting a new job. Meanwhile, October was the third-strongest month for hires since the recession ended in 2009.

Op-Ed: Cheap oil sinking stock markets

Cheap oil has already affected global markets and economies in countless ways, from disrupting Venezuelan politics to sinking the Russian ruble and introducing the world to “low-flation.”

Op-Ed: Another strong jobs report; DJIA up 369.96 points

But today’s jobs report signals that rates won’t stay low for long. And that means higher mortgage rates, higher credit for auto loans and credit cards, and all manner of debt. And it is coming sooner rather than later.

Op-Ed: U.S. sees solid economic, jobs growth

In the US we are starting to see hints of inflation, the labor market has shown steady, solid improvement, and economic growth is up. So, while you might argue against a rate hike from the Fed, really the idea is not particularly controversial.

Op-Ed: Cyber Monday sales figures, the Paris climate talks and more

The world recently passed a turning point and is adding more capacity for clean energy each year than for coal, natural gas, and oil combined.

Op-Ed: Economic indicators are flashing light green this holiday season

It basically boiled down to figuring out how to make money with the technology. Once we wrapped our brains around that, the money started to flow. The same thing is about to happen with Green technology.

Op-Ed: Steady but slow progress for the economy

Costco has an E. Coli problem. Nineteen people have been infected with E. coli in California, Colorado, Missouri, Montana, Utah, Virginia, and Washington. They have tracked the source to Costco’s rotisserie chicken salad.

Op-Ed: Pfizer to buy Allergan in $160 billion deal

Foreclosures and short sales dropped to 6 percent in October, down from 9 percent a year ago, and the lowest level since the National Association of Realtors stared tracking distressed sales in October 2008.

Op-Ed: The S&P 500 index gained 3.3% for the week

Since 1987, DJIA has logged gains in 22 of 28 years from the close on Friday after Thanksgiving to year-end. The S&P 500 is up 0.5 percent in November and 1.5 percent thus far in 2015. There are 28 trading days remaining in 2015.

Op-Ed: Nice little planet — Financial review

The Federal Reserve published the minutes of the last FOMC meeting and earlier today, 3 more Fed policymakers said they support a rate hike in December.

Op-Ed: Inflation rates may rise soon — Financial review

You’re not just imagining it. Prices are going up, except for commodities. And the price of energy has an oversized influence on the annual inflation rate.

Op-Ed: Paris, its effect on financial markets, and the S&P 500

The response in the US has been to fly French flags at football games. The NYSE and NASDAQ observed a minute of silence at 9:25 AM Eastern, before the opening bell.

Op-Ed: Consumers are bargain bloodhounds — Financial Review

The downturn turned us into bargain bloodhounds. Maybe this is the beginning of the end of department stores and malls as we know them.

Op-Ed: Show me the data — Financial review

And the IMF has a point. The Fed may be anxious to raise rates but for all their talk they haven’t rolled out the data to back that position.

Op-Ed: Easy decision day; EIA crude oil inventories rise

Many Fed policymakers have been saying they will raise interest rates since March, but there are also doves among the Fed, arguing against rate hikes.

Op-Ed: Barn-cleaning John Boehner reaches tentative budget deal

The deal still needs Congressional approval, but for outgoing House Speaker John Boehner this was a matter of wrapping up unfinished business before his departure, or as Boehner described it “cleaning the barn.”

U.S. economy looks shaky, which weak GDP reading would confirm

Opponents of the Ex-Im Bank claim it is nothing more than an example of corporate welfare, even though the bank paid the Treasury $675 million in fiscal year 2014. The bank says it supported $27.4 billion in exports and 164,000 American jobs last year.

Op-Ed: Stormy weather — Financial review

The S&P 500 gained 2.1 percent for the week; its fourth straight weekly gain; moving into positive territory year to date. For the week, the Dow rose 2.5 percent and the NASDAQ gained 3 percent.

Op-Ed: Latest company earnings reports, median stock figures and more

The median stock in the US has been flat for 2015. That is actually a big improvement from about one month ago when the median stock was down 8%, so we’ve seen a nice rally, but at the current pace we are on track for the worst performance since 2008.
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