Category Archives: Stock Market
Economic Dependency and Looming Disaster
By the end of the day we should all know the winner of the 2012 Presidential Election. Of course, there’s always the possibility that it’s too close to call. Perhaps a recount of dangling, hanging, dimpled, and pregnant chads will … Continue reading
Present Conditions and Negative Outcomes
There are certain things in life a reasonable person knows they should not do. These are things so obvious, evident, and elementary they do not require learning. They go without question. They don’t have to be tested for confirmation or … Continue reading
Within the Vice-like Grip of the Secular Bear
The Labor Department released the August jobs report last Friday. The median estimate of economists surveyed by Bloomberg was for a gain of 130,000 jobs. The actual number of new jobs created was just 96,000. This means several things. First … Continue reading
Providence Is With Us
Yesterday European Central Bank President Mario Draghi announced what could be an unlimited bond buying program to save the euro. Later in the day, after running up 28 points, the S&P 500 closed at its highest level since before Lehman … Continue reading