Category Archives: Stock Market
The Exhilarating Romp to DOW 30,000
The stock market appears to have resumed its upward trajectory. The S&P 500’s back above its 200 day moving average. In fact, the S&P 500’s less than 50 points from its all-time high of about 2,131. Soon the brief panic … Continue reading
Good Riddance
High-risk investing is rewarded with higher returns when the financial tide is rising. The vast sea of liquidity hides the hazards and perils of a rock bottom reef. Madmen and lunatics get rich. But when the tide turns…watch out… “You … Continue reading
Manna from Heaven
Modern day monetary policy’s something we disparage around here at the Economic Prism. Relegating what price to set the key lending rate to a cadre of unelected technocrats is a contradiction of life in a free society. That’s how we … Continue reading
All Bets Are Off
Stock markets across the planet gazed out across the economic landscape yesterday and vomited all over themselves. After that, they convulsed and dry heaved again and again. For the global economic disfiguration has grown so grotesque, so awesomely awful, that … Continue reading
