Perspectives

Posted: Thursday, April 28, 2016
In the first six weeks of this year, the market indexes went down ten percent, and all manner of commentators were talking of how bad the economy was, how we were on the verge of another recession of unknown magnitude, etc. Now, at the four month mark, the broad market indexes are up almost 14...
Filed Under: Perspectives
Posted: Thursday, March 31, 2016
As campaigns for the Presidency go, 2016 marks a new low in terms of social discourse. While other years have seen mudslinging between the candidates of their respective parties, it is hard to recall a time of so much rancor within a party. Specifically, you have the candidacy of Donald Trump and...
Filed Under: Perspectives
Posted: Wednesday, February 24, 2016
As of this writing, the stock market, which fell like a rock since the first of the year, has now posted two back-to-back weeks of positive returns. The inevitable question is whether this reversal is for real or a trap door to lower prices. The honest answer is that only time will tell. However,...
Filed Under: Perspectives
Posted: Sunday, January 31, 2016
January 2016 was one for the record books. A steep dive, half offset by a one-day reversal on the last trading day of the month, gave many investors Maalox moments. The month reminded investors that markets do decline. The last day reminded them that markets do go up. Beyond this obvious point,...
Filed Under: Perspectives
Posted: Tuesday, December 01, 2015
As we close the books on 2015, it is insightful to see what was successful in the markets, and what was not. While the year is not ended as this is written, volume is so light this week that any change in direction is one of almost immaterial amounts. The larger stock indexes are deciding whether...
Filed Under: Perspectives
Posted: Sunday, November 01, 2015
On December 15 and 16, the Federal Reserve will meet to, by all prior indications, raise interest rates for the first time in seven years. The widely anticipated increase to .25 percent from 0 percent at present for overnight borrowing from the Fed by banks, is more symbolic than significant....
Filed Under: Perspectives