Tag Archives: S&P500
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
The Fed’s Hands are Tied, For Now
The stock market’s on a six week win streak. What’s more, from June 4 through last Friday the DOW’s up 9.7-percent. Can you believe it? We thought the stock market would meltdown this summer like Charlie Sheen following a weekend … Continue reading