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
We have been of the opinion that the US economy would avoid a return to recession and we haven’t changed our minds – yet – but the data will need to stop deteriorating soon for us to continue playing the optimist. With the European debt crisis seemingly about to climax and emerging market countries entering .. read more
Weekly Chart Review
The problems last week started in the currency markets. A surge in the Yen is what set the Dow collapse in motion Thursday: Rather than look at all the markets that suffered fatal technical damage last week which includes most every market in Europe, let’s look at markets that are still above their 200 day .. read more
Barack Hoover Smoot Hawley Obama
From the NY Times, June 28: “At a time when the economy worldwide is still deep in recession and we’ve seen a significant drop in global trade,” Mr. Obama said, “I think we have to be very careful about sending any protectionist signals out there.” WASHINGTON, Sept 9 (Reuters) – The U.S. Commerce Department said .. read more
The Grand Illusion
Stock markets are rising, economic statistics are improving and economists are rushing to proclaim the end of a recession that, compared to recessions past, is quite long in the tooth. While some quibble with the official dating of the recession to the fourth quarter of 2007, if one takes that as the starting point, the .. read more
