Let’s take a simple quiz and answer the following multiple choice question. The stock market is hitting new highs because: Corporate earnings are at an all-time high. The economy is…
Good Market Rigging vs. Bad Market Rigging
“The markets are rigged. … These firms make their money by front-running trades. They’re using their speed advantage to buy shares first and then selling them back at a higher…
Define “Forever”
In May, when Fed Chairman Ben Bernanke said that quantitative easing could not continue forever, the stock market tanked and the word “tapering” became the most feared word on Wall…
House of Cards
The current housing recovery is not a house of brick, but a house of cards. The cards came tumbling down this week, as the U.S. Commerce Department reported that housing…
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.…
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…
Dodging the “Death Cross”
The S&P 500 recaptured 1100 on Friday. This is a positive short-term development. Prior to last week’s rally, the S&P 500 was in jeopardy of violating the long-term uptrend. In…
Fixed-Income Investors Weather Sovereign Debt Crisis
Because of our focus on managing risk, fixed-income clients of Wenning Investments generally fared well during last week’s sovereign debt crisis, even though it created widespread panic in global markets…
Baby Boomer Retirement May Be A Bust
Unless they take action, many baby boomers are heading for a senior bust. Many of the boomers we know have not saved sufficiently for retirement. Spooked by the last two…