Weekly Economic & Market Review
Over the last couple of months I’ve dedicated a good portion of these weekly commentaries to the various headwinds I see facing the global economy and markets. Everyone, it seems, knows what the risks are and I’m beginning to wonder if, being so well known, the actual events may prove less jarring to sentiment than .. read more
Weekly Economic And Market Review
Well, that was easy. Apparently all that is required to get a market correction really going is for me to write something even a little bullish. In last week’s update I wondered if I’d been worrying too much about the various problems facing the world economy. After the Memorial Day holiday, the market finally started .. read more
Weekly Economic and Market Review
Was that it? Is the great stock market correction of 2011 already over? Libya is in the throes of a revolution that threatens to spread to the more important parts of the oil producing world and the slippery stuff can’t hold above $100? All this geopolitical turmoil and gold can’t even make a new high? .. 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
The Market Gets Greeced
Nearly lost in the turmoil surrounding last Thursday’s epic intraday stock market plunge and recovery is the fact that the stock market was already falling when it happened. Stocks finished the week down roughly 6% and the S&P 500 finished the week 8.7% from the high it set just recently. Even after last week’s gyrations we .. read more
Weekly Economic and Market Review
Considering that large parts of the country were blanketed with snow for a good portion of the first quarter, the 3.2% GDP growth reported Friday doesn’t seem all that bad. Republicans and bears with a vested interest in pessimism will undoubtedly find fault with a recovery that is tepid by historical standards, but with the .. read more
Correction or More?
The stock market is in the throes of a correction that has lopped 7% off the averages over the last couple of weeks and skittish investors seem to be taking the attitude of sell now, ask questions later. Earnings season has been surprisingly upbeat with roughly 3/4 of companies producing earnings better than the consensus. .. read more
Opa!
For the average investor the market action of the last few weeks must be a bit mystifying. Earnings season has generally been upbeat, the economic data has been pretty positive and the US government seems headed for gridlock with Scott Brown (R, Kennedy) taking his place in the Senate. And yet stocks are down roughly 6% since peaking .. read more
