“Correction” is one of those euphemisms Wall Street likes to use that would be funny if it weren’t so painful. According to CNBC, a correction is “a decline or downward…
Market Drop Was No Big Deal
The stock market has been setting records for years and it set another one last week. This time, though, the record wasn’t for the highest ever Dow Jones Industrial Average.…
Satan Is a High-Frequency Trader
Satan is now firmly in control of the markets. No, we’re not talking about Ben Bernanke, aka Edward Quince. His time has passed. We’re talking about a high-frequency trader who…
Don’t Worry, Be Happy
“In your life expect some trouble But when you worry You make it double Don’t worry, be happy…” …
The Yin-Yang Economy
Last week, with sequestration pending, President Obama and others warned of airplanes falling from the sky, tainted meat being served and schools being closed because of teacher layoffs. The budget…
Stock Rally Built On Wishful Thinking
“This is the most disrespected rally I’ve ever seen.” John Buckingham, Al Frank Asset Management Stock prices have rallied and are closing in on their highest level in five years. …
No Recovery For Most Investors
Two factors make reaching the 10,000 milestone for the Dow what Dorsey Wright calls “the quintessential Pyrrhic victory” for many investors around the world. First, bond funds attracted net deposits…