Sometimes the best investment advice is to do the opposite of what everyone else is doing. When the stock market was in free fall during the financial crisis, many investors…
No Records This Month
Markets go up and markets go down, so maybe it’s not surprising that January’s stock market performance has less exuberance to it than the performance to which we’ve become accustomed.…
Bully for 2013 … But What About 2014?
2013 markets were full of bull. The economy continued to sputter along, growing at about 2%, unemployment remained high and corporate profits were mediocre. Yet the S&P 500 index rose…
When Common Sense Is Senseless
What was I thinking? Over the past couple of years, I’ve preached caution. Corporate profits were down and unemployment was up. The economy wasn’t growing, but the federal debt was. …
September Is the Cruelest Month
Oh, it’s a long, long while from May to December But the days grow short when you reach September. …
Keep On Easing
Ease on. That’s the message that Fed Chairman Ben Bernanke delivered this week, causing the bond market to rally, the stock market to hit new highs and the seas to…
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,…
High-Speed Casinos
A tweet – 12 words, 140 characters – caused a selling frenzy last week, as the stock market dumped $134 billion in stocks in a minute and a half and…