The stock market surged higher this week.� This was almost entirely due to renewed optimism that the end of the Fed rate hike cycle is within sight.� There is finally good reason to suspect that is the case.
The market started rallying on Wednesday, ahead of the Fed policy statement on Thursday.� On Monday and Tuesday, the market had gone through its recent typical whipsaw action.� Monday the S&P was up 6 points, helped by�some merger news and a good earnings report from Walgreen.� That didn't last long, however
Silence Is Golden Go ahead, turn up the smooth jazz -- but hit the pause button once in a while, too.
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General Health Tip
Weight Loss: The Golden Rule. Every 3,500 calories you take in and don't burn off equals 1 pound of body weight. How much is 3,500 calories? That's 7 slices of pizza, 3 pints of premium ice cream, or 7 bagels with cream cheese.
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Star Magazine
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Mexico in election cliffhanger A voter has his thumb marked to identify he has voted in Mexico's presidential election at a polling station in Nogales, Sonora July 2, 2006. (Jeff Topping/Reuters)