Good news. The economy still stinks. In today’s economy, which is driven by The Federal Reserve Board’s quantitative easing (QE) program, bad news is good news and good news is…
Market Reaction To Comments Reflects Market Efficiency
It’s worth keeping the efficient market hypothesis in mind when considering the impact of Fed Chairman Ben Bernanke’s announcement this week that bond buying will be coming to an end.…
Swinging Markets Ahead
Volatility is back in a big way. It’s back not only in the stock market, but in the bond market. It’s back not only in the U.S., but in China,…
Take Advantage of Rising Interest Rates by Understanding Duration
Recently, there has been a lot of news about rising interest rates ending the bond rally. Investors who have a significant percentage of their investments in bonds may be getting…
The Second Housing Bubble
“Demand is artificially high … and supply is artificially low.” …
Financial Tsunami
In a recent post, we speculated about what would happen when quantitative easing finally ends. This week we got a glimpse. After Federal Reserve Chairman Ben S. Bernanke said that…
Key Indicators Negative Across The Board
The worst things get, the more they stay the same. As the stock market continues to set records, the latest Philadelphia Fed Business Outlook Survey shows that the business outlook…
Forever Blowing Bubbles
“I’m forever blowing bubbles, Pretty bubbles in the air They fly so high, nearly reach the sky And like my dreams they fade and die.” …
How Baby Boomers Can Benefit the Economy – Keep Working
If baby boomers decide to postpone their retirement, it may not solve all of the country’s economic problems, but it will help address most of them. So it’s good news…
Blame It on Sequestration
President Obama and the Federal Aviation Administration blamed recent flight delays on sequestration. Now the Federal Reserve Board’s Open Market Committee is blaming sequestration for the poor performance of the…