This past week, we had a number of flagship retailers report earnings which, to be polite, underwhelmed the hot money folks on Wall Street. For instance, Macy’s (M) cut its full-year sales and profit forecasts, […]
The consensus of the economic tea leaf readers had the number of jobs being added in November at about 185,000. The highest estimate I saw had predicted an add of around 200,000 jobs. Then the […]
With no, in my opinion, major event or market news to comment upon this past week, I thought I’d simply offer my thoughts on four topics that did come up. The market / It was only […]
Deutsche Bank group chief economist David Folkerts-Landau reported that the S&P 500’s current correction-and-recovery episode, compared to the historical average, has the S&P tracking its average gains following prior 10%+ corrections. The markets are not […]
It’s been a bit of a bumpy ride for the markets lately with fear, uncertainty and doubt having run rampant since mid-August when the current correction began. The talking heads of Wall Street aren’t helping […]
