Monthly Archives: May 2013

Market Forces and Market Intervention

Stocks sprinted higher on Tuesday, releasing the pent up demand that developed over the long weekend.  The Dow rose 106 points.  According to several headlines we read, Dow stocks were boosted by strong housing and consumer confidence reports. Then, on … Continue reading

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Our Trip to Sunny Fields

“Velkommen til Solvang!” greeted the cheerful woman behind the counter at Birkholm’s Bakery & Cafe on Sunday morning.  We had just made the drive with our wife and kids up Highway 101 and were eager to sink our teeth into … Continue reading

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The Mad World of Money

About 4.4 million workers disappeared from the labor pool over the last four years.  Where did they go?  No one quite knows, exactly. They don’t show up in the unemployment numbers.  But they do exist, hidden behind the statistical shadows.  … Continue reading

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Bernanke’s Monetary Philosophy, Explained

The days continue to get longer.  The nights continue to get shorter.  This tells us a unique opportunity is in front of us… It’s time to make hay while the sun still shines. As for the stock market, the sun … Continue reading

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