Why Main Street Doesn't Buy Wall Street's 'Recovery'

Wall Street

If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don't believe the recession is over. Which side has a firmer grasp of reality? Let's look at the data...

Continue Reading | Comments

Market Update:
  • Stocks edge higher amid caution over G20 summit
  • Florida foreclosure

    Depositions by three employees of Nationwide Title Clearing describe a factory-like process that's awful to look at. But Nationwide defends the system as being benign as sausage-making -- and that it's standard industry practice. Still, much of it defies common sense, at least.

    Seoul G20 summit

    On the eve of an economic summit in South Korea, disturbing signs of discord are emerging over currency valuations and trade between the U.S. and its major trading partners. Failure to achieve an agreement could set off more "currency wars."

    gold

    The Equity Precious Metals category of ETFs has attracted substantial investment inflow over the last year. That has fueled the creation of new funds, including one that gives investors access four precious metals in one trade.

    GM

    With just days to go before its anticipated initial public offering of stock, General Motors reported Wednesday that it earned $2 billion in the third quarter, its most profitable this year.

    Gene Marcial's Inside Wall Street

    Tata is India's leading maker of cars and trucks, and its American Depositary Receipts, or shares that trade on the New York Stock exchange, have been on fire. They've hit $30 per ADR, up from $16 last May. They could have room to run higher.

    Grab a cup of java and listen to this short video of Hilary Kramer, editor of GameChangerStocks.com. Now that the elections are over and the Republicans have control of the House of Representatives, Kramer says that trillions of dollars on the balance sheets of corporations will be put to good use. Here's how you can profit.

    cash

    Thanks to public outcry and the prodding of the SEC, public companies don't throw crazy perks at their CEOs the way they once did. But execs still routinely get lavish benefits that increase their pay by millions. See our list of this year's most outrageous CEO perks.

    Buy Stocks At...
    • E*TRADE Securities
    • Scottrade
    • ShareBuilder
    Follow Us

    Market Movers

    SymbolLastChange / %Volume

    Most Actives

    C
    CITIGROUP INC
    4.42+0.12
    +2.79%
    502.84M
    SPY
    SPDR S&P 500 Trust
    122.10+0.49
    +0.40%
    221.36M
    BAC
    BANK OF AMERICA CORPORATION
    12.57+0.30
    +2.44%
    191.61M
    F
    FORD MTR CO DEL
    16.63+0.56
    +3.48%
    139.73M

    % Gainers

    AGM
    FEDERAL AGRIC MTG CORP
    15.33 +2.15
    +16.31%
    643,175.00
    BJ
    BJS WHOLESALE CLUB INC
    47.34 +5.31
    +12.63%
    6.29M
    TTM
    TATA MTRS LTD
    34.30 +3.67
    +11.98%
    4.01M
    SDM
    MORGAN STANLEY
    11.96 +1.23
    +11.46%
    1,550.00

    % Losers

    GGP
    GENERAL GROWTH PPTYS INC
    14.73-2.66
    -15.30%
    7.78M
    ATV
    ACORN INTL INC
    5.13-0.76
    -12.90%
    151,353.00
    CPC
    CHEMSPEC INTL LTD
    6.32-0.88
    -12.22%
    79,091.00
    AIZ
    ASSURANT INC
    35.66-4.48
    -11.16%
    11.58M

    Video

    DailyFinance

    3 Companies... That Are Cutting Prices

    Bloomberg

    Loading...

    WalletPop

    Loading...

    NYSE Video

    Loading...

    Headlines From DailyFinance Partners

    CNBC
    Smart Money
    Huffington Post
    Luxist
    Business NewsWhat's HotInvesting and Real EstatePersonal Finance at WalletPopOur Partners

    Terms of Service | Privacy Policy | Trademarks | HELP | Advertise With Us

    © 2010 AOL Inc. All Rights Reserved