Category Archives: Stock Market

Tales from the FOMC Underground

Many of today’s economic troubles are due to a fantastic guess.  That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would … Continue reading

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Warnings from Mount Vesuvius

“Injustice, swift, erect, and unconfin’d, Sweeps the wide earth, and tramples o’er mankind” – Homer, The Iliad When Mount Vesuvius Blew Everything was just the way it was supposed to be in Pompeii on August 24, 79 A.D.  The gods … Continue reading

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The Dow Speaks: “In Trump We Trust!”

The rewards of being the President, these days, are few and far between.  Just ask President Trump.  The work hours are terrible, the pay is far less than that of a corporate CEO, and you’re endlessly surrounded by shabby politicians. … Continue reading

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Wreck the Halls

Despite the best efforts of the bulls to make history happen, they’ve been unable to ‘git-r-done.’  At the time of this writing, the DOW is facing another bout of arrested development; it has yet to notch 20,000 for the very … Continue reading

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