There’s been a lot of good economic news lately and 2014 is shaping up with better returns than even the most optimistic forecasts predicted. After the heady days of 2012…
stock market
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The U.S. economy once again crushed the naysayers in Q2 2014, soundly blowing away even my tepidly optimistic analysis. Earnings for the 490 companies comprising the S&P 500 that have…
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The last time I said something good about the economy one of my readers called me delusional. Fortunately I didn’t let that opinion change my investment strategy and it paid…
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Iraq. The Ukraine. Syria. Gaza. You name the hot spot. No matter how you slice it, the world’s in a bit of a mess, isn’t it? Right now we’re witnessing…
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There’s nothing rational about the stock market; if markets were rational the financial entertainment industry would be out of business almost overnight. The fact is markets are wildly irrational because…
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Everyone needs an intervention at some point and it’s not always for something big. We all fall into habits that, one day, outlive their usefulness. That tends to be particularly…
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Of course you know the stock market will eventually correct – don’t you? You certainly didn’t think it would continue to go straight up – or did you? The very…
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It’s back-to-school time, which is usually a glorious moment for beleaguered retailers. But this year, there’s more at stake than a new box of crayons for little Johnny. There’s a…
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On December 11th, 2013, when the Dow Industrials were at 15,843.53, I made series of observations about the economy that were overall positive, but also allowed that a correction for…
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Today the Bureau of Economic Analysis (BEA), the agency of the US Department of Commerce that provides important economic statistics, including the gross domestic product of the United States, reported that in Q1…