The sideways to downward biased market action in US Equities that has persisted for the last 6 months was finally halted this week with US equities closing on all-time highs. The risk off plays of misanthropes and of those inclined …
This week the broadest measure of the US stock market, the S&P 500 index ended basically flat for the year, reversing the brief five week era of negative bias with an up 3% week. Noteworthy, was the announcement by the …
Initially, right after the Greek elections the markets surprisingly shrugged off the results that brought in an anti-austerity party and ignored the much higher odds that Greece will leave the EU and default on a huge debt load. However, by …
Mario Draghi and Tom Brady have a lot in common. They are both fighting deflationary issues. Sports and fashion are often used as market indicators. The hemline indicator, one of my favorites, correlates rising hemlines and prices. It correctly forecasted …
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Well, the first two weeks of the year have been completed and global markets are clearly dazed and confused, catching even the …
The markets ushered in 2015 with some exceptional volatility. We rounded up the usual suspects and placed them in a lineup trying to pinpoint the real culprit for the increased volatility which at one point had the market down 3% …
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Last week we highlighted how Putin might maneuver on the global chessboard and cozy up to Turkey to prop up the failing Russian economy and check the west. He made some key moves this week, cancelling a strategic pipeline project …
Since the year is just about up and the performance numbers are just about finished, barring an unusual end of year reversal of historic proportions, all US asset classes have put in a stellar performance. What is most unusual however …
Equity markets finally succumbed this week (SPY down 3.6%) to tanking oil prices and crashing junk debt pressured by possible defaults in the oil frack patch. This week’s drop was one of the worst weekly performance in years. One might …