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Women losing coverage under Obamacare, too
Topic - Scott Freeze
U.S. stocks moved higher Thursday after claims for unemployment benefits fell and name-brand companies such as Royal Caribbean and Harley-Davidson reported healthy profits.
Stocks fell Thursday, with investors too worried about high gas prices and stagnant employment to be impressed by higher consumer spending.
"Some of the earnings were OK, but it's more just stimulus, stimulus, stimulus," Mr. Freeze said. "As long as the world wants to print (money) ... the fears of a global slowdown are going to be muted."
The market, he said, is "slowly melting up on basically nothing."