Weekly Economic & Market Review
And so another year has passed into the history books – the older I get, the faster they seem to go – and investors must again try to position their portfolios for a profitable year. It hasn’t been easy to do the last few years and this year promises to be just as challenging. The .. read more
Weekly Economic and Market Review
Last week’s economic data continued the recent pattern of the recovery. Manufacturing remains strong, inflation is rising, housing is weak and employment remains a major issue. The economy is continuing to slowly recover but there is no sign of an acceleration that is sorely needed to reduce the unemployment rate. I suspect the next few .. read more
Weekly Economic and Market Review
“There are limits to what we can do on the monetary front to provide the bridge financing to fiscal sanity.” Richard Fisher, Dallas Federal Reserve Governor Is there any way we can replace Ben Bernanke with Richard Fisher? There is very little I like about the Federal Reserve but if we are to have a .. read more
Weekly Economic and Market Review
The economic data released last week was pretty darn lousy but managed to be overshadowed by the Fed decision to re-engage the great electronic printing press and use the cash flow from their portfolio to buy Treasuries. With interest rates at generational lows I am a bit confused about what exactly that is supposed to .. read more
Weekly Economic and Market Review
The economic data last week continued to show strength but there were hints of a softening in a few reports which the bears seized on to make their case. For now, I don’t think the data supports the idea of a double dip recession but there are plenty of people who want to believe it so .. read more
Weekly Chart Review
Expectations
Every year around this time, market strategists break out their crystal balls and economists dust off their models (which amount to the same thing) and try to predict the course of the markets and economies for the next year. Why they persist in this activity when everyone knows it is a waste of time is .. read more
