Tag Archives: S&P500
The Stock Market, Explained
Despite an abundance of risk, the stock market continues to climb a wall of worry. Obviously, with the European debt crisis, China’s economic slowdown, and posturing from Iran, the stock market’s rise defies all logic. With all the known hazards … Continue reading
Seeing the First Glimpse of Dawn
Here we are, just two weeks into the New Year, and things are looking up. So far on the year, the S&P 500’s up 2.9 percent, the Nasdaq’s up 2.5 percent, and gold’s up 3.1 percent. Even silver, if you … Continue reading
In Praise of Scrooge
Federal Reserve Chairman Ben Bernanke did something extraordinarily remarkable on Tuesday…he did nothing. Following the Federal Open Market Committee meeting, if you can believe it, Bernanke’s Fed statement made no monetary policy changes. Certainly, this is an exceptional feat. Remember, … Continue reading
Making the Impossible Possible
This week brought new evidence, not necessarily that the stock market efficiently allocates capital to its most productive use, but that it effectively separates fools from their money. The fool gives…Wall Street takes away. In other words, the house always … Continue reading
