Forget about growth in GDP, the unemployment rate, inflation, stock prices and all things relevant to money. Federal reserve Chairman Ben Bernanke suggested this week that happiness should be used…
GDP Doesn’t Stand For Great DePression
Measuring growth in Gross Domestic Product (GDP) is like taking the economy’s temperature. The annualized growth rate of 1.5% at the end of the second quarter – which is a…
Over Fed
To QE3 or not to QE3? That is the question the Federal Reserve Board has been pondering for months … or at least Fed observers think it’s being pondered. But,…
Dancing With A Cow
While Europe’s sovereign debt crisis has beaten down the U.S. stock market, it has helped the bond market. Because the European bond market is in such poor shape, U.S. bonds…
Pretzel Logic
When Fed Chairman Ben Bernanke said recently that he did not expect The Fed to initiate any additional monetary stimulus, apparently stock traders weren’t listening. The recent run-up in stock…
Bad News Boosts the Market
In the strange world of investment management, bad news is often good news. That was the case last week, as the S&P 500 gained a hefty 3.7%, more than reversing…
Steroids Running Out For Stock Market
Lackluster economic performance, continuing concern about debt in both Europe and the U.S., and other factors have been pushing the stock market down in recent weeks. Another factor receiving less…
Let’s Hear It for Growth … A Little Louder, Please
You call this a recovery? Typically, the rule is this – the bigger the recession, the stronger the recovery. By any measure, the recent recession was a whopper. Yet gross…