Benny and the Feds
Last Wednesday, the minutes from the most recent meeting of the Federal Open Market Committee (FOMC) were released. Almost immediately after their publication, the market did a zero-g dive in the hour remaining in the […]
Article, Did You Know, Michael Maehl
Half-Full or Half-Empty?
While there was little US economic news to affect the markets this past week, each of the three major US stock market indicators ended lower by about 1%. (1) Even though that overall loss is […]
Transitions
Friday morning saw the release of these headlines from the Wall Street Journal’s MoneyBeat. “(May is the) Most important payroll release in years…follows the seventh-worst month of returns for fixed income since ’85 and the […]
Escape Velocity
Selling in May and going away probably wasn’t the best strategy, as the Dow, NASDAQ and S&P500 each ended the month with gains. As of Friday’s close, all of these indices are up 14%, or […]
63% of American Investors Don’t Know…
I had the opportunity to spend a couple days back in the concrete canyons of Wall Street this past week talking with some strategists and market gurus. Even though the market again didn’t do much […]
