Tag Archives: S&P500

Worshiping Utterances

The world around us is a strange and wacky place.  Even so, it becomes ever stranger and wackier by the day.  Just when we think we’ve seen it all…something new appears and creeps us out. For instance, have you seen … Continue reading

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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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This Bull Market is Cooked

Several cracks in what was thought to be a granite foundation supporting the stock market were revealed last week.  The S&P 500 fell 2.67 percent between weeks open and close.  For the month of July, the S&P 500 finished down … Continue reading

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