October 2011 | Gary D. Halbert's "Between the Lines"

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Monthly Archives: October 2011

Stocks Soar on GDP Report & Europe News

Written on October 27, 2011 by Gary D. Halbert in Economy & Markets, Political & Geopolitical

Stocks stormed higher today as investors welcomed confirmation that the economy did not slip into a new recession in the 3Q. The Commerce Department reported that GDP grew at a 2.5% annual rate in the 3Q, up from 1.3% in the 2Q. Much of the increase was due to a 2.4% rise in consumer spending…

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Crazy Markets Still Ahead

Written on October 20, 2011 by Gary D. Halbert in Economy & Markets, Investments & Investing

If our crazy stock markets have you scratching your head, don’t feel alone. As the chart below illustrates, the Dow broke out of the recent trading range to the downside in the first week of October, only to be followed by a strong rally to the top of the trading range as this is written….

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Between the Lines is published by Gary D. Halbert. Information contained herein is taken from sources believed to be reliable but cannot be guaranteed as to its accuracy. Opinions and recommendations herein generally reflect the judgment of Gary D. Halbert and may change at any time without any notice. Market opinions contained herein are intended as general observations and are not intended as specific advice. Readers are urged to check with their financial counselors before making any decisions. This publication does not constitute an offer of sale of any securities. Gary D. Halbert is also president and CEO of Halbert Wealth Management, Inc., an affiliated registered investment advisor, though Halbert Wealth Management is not the publisher of Between the Lines. Past results are not necessarily indicative of future results.