It's been quite a bull run since the November lows, but now the US market has corrected and finds itself right at its short-term upward trend line. While its a toss up to pinpoint market direction from here, the US market, particularly the S&P 500, looks solid technically. Every other world market highlighted is at least under its 50-day moving [...]
Before even taking into account the aftermath of the “unexpected” NFP result, it has been amazing to see over these past few months the number of experts, especially those that reside solely within the “science” of economics, proclaiming a successful engineering of the long sought-after recovery. That this has been the third such claim in as many years is lost [...]
The US Dollar looks poised to correct, as the index failed at its 50-day moving average. Inversely, the Euro bounved off its 50-day and is set to test the 200-day at the 136 level. The British Pound bounced off the 200-day MA on its way to establishing a new uptrend. The Japanese Yen continued its downward march, after the Japanese [...]
The following is a presentation of current asset allocation and performance for Alhambra Investment Partners Tactical Strategies as of 3/31/2012. The performance presentation represents the gross of fees, time-weighted return versus each portfolio's designated benchmark. The performance represents the underlying modeled strategy of client accounts at Folio Institutional. Global Opportunities [...]
Well, the first quarter is in the books and what a quarter it was for US stocks. The S&P 500 and Russell 2000 both rose 12%, the NASDAQ almost 19% while the Dow lagged the field, up a mere 8%. As for us, while our stock portfolio lagged the S&P 500 slightly for the quarter, our outperformance over the longer [...]
Thinking Things Over April 1, 2012 Volume II, Number 13: Say’s Law and Stimulus Spending to End Recession: Why It was Doomed to Fail By John L. Chapman, Ph.D. Canton, Ohio. So then you get the argument, well, this is not a stimulus bill, this is a spending bill! Well, what do you think a stimulus is? (Laughter and applause.) That’s. The [...]
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