In the econonomic world it is difficult to see what is real and what is not. It is surprising to me that consumers have held up so well the past few months. In any case 2013 was not the year for defensive…Continue Reading →
That in essence is what Ben said about how the Fed handled the 2007 to 2009 economic crash. In a short term thinking world he might be right, but I would venture that the big picture is still out of…Continue Reading →
Last Thursday, a Level 1 techncial sell signal was triggered. This year all the Level 1 sell signals have been managed away by the FED and it may happen again this week. The Taper discussion really is not the issue for…Continue Reading →
I love Doug Kass, almost as much as John Mauldin, they are a couple of market analyzers who bring a perspective that CNBC’s cheerleading approach completely misses. To be fair, the market would have had a lot more trouble making…Continue Reading →
The chart above shows five primary market sectors that are affected by FED policy. For this chart we use ETF’s because it facilitates grouping a large number of stocks, commodities,etc into each market sector and therby allows a broad…Continue Reading →