Category Archives: Stock Market

Holding the Permanently High Plateau

“Stock prices have reached what looks like a permanently high plateau,” said Ph.D. economist, Irving Fisher, on October 17, 1929.  “I do not feel there will be soon if ever a 50 or 60 point break from present levels, such … Continue reading

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Musical Chairs Investing

Markets were closed yesterday in observance of Labor Day.  But here at the Economic Prism we labored on.  There’s always something to contemplate.  Where to begin? One place, obviously, is this crazy stock market.  Day after day, week after week, … Continue reading

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Knockdown Drag Out Slugfest

Blows are being taken on the chin and dished out to the gut as daily prices wildly soar or crash.  Last week, for instance, the DOW jumped and dived several hundred points before finishing up about where it started.  Here … Continue reading

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Up In Smoke

Earlier this week we said the bull market is cooked.  We even offered several reasons why…including various historical indicators.  Of course we don’t really know for certain. Quite frankly, no one does.  But there are many fine fellows out there … Continue reading

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