These past few weeks have done a fine job of reinforcing the effective impossibility of short-term market predicting. From Christmas through Groundhog Day on 2 Feb, we had a market drop of over 5%. Corrections […]
The European Central Bank finally announced the beginning of its version of quantitative easing last week, causing global stock markets to rise, the euro currency to fall to an eleven year low v. the US […]
I’d love to be able to take credit for this phrase but, no. It’s by Andrew Sheets, an analyst at Morgan Stanley. I use it because his phrase does a great job of helping to […]
This past week, woven in between a bunch of post year-end tax selling to lock up gains, we had a big, short-term drop in the price of crude; the Fed’s latest massage of their message […]
The S&P folks say that both the S&P500 and the Dow Industrials hit their lows for 2014 early in February. By last Wednesday both had had fairly respectable years. Here’s what they did. S&P said […]
