I’m More Scared of Investing Than Dying
I’m more scared of investing than dying… If there was any doubt that it’s summer on Wall Street, it was removed by last week’s market “action.” Each of the three major market indicators closed the […]
Article, Did You Know, Michael Maehl
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 […]
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 […]
