There were some articles over the weekend that seemed worth reading: http://www.nytimes.com/2012/06/24/opinion/sunday/the-generation-gap-is-back.html?smid=pl-share http://www.nytimes.com/2012/06/24/opinion/sunday/political-scientists-are-lousy-forecasters.html?smid=pl-share http://www.nytimes.com/2012/06/24/opinion/sunday/friedman-the-rise-of-popularism.html?smid=pl-share And of course the Supreme Court and health care will provide a little zip to the week.
Mr Bernanke goes up on the hill to answer questions today. While Fed Governor Janet Yellen continued her push for more easy money, a more solid governor, Richard Fisher said essentially in a recent speech, the money is out there,…Continue Reading →
Yesterday CNBC devoted a lot of talk by various commentators concerning the 1255 area of the S&P and how much trouble the market will be in if that level is broken to the downside. Saying things like that is a…Continue Reading →
It would appear that Tuesdays rally high on the S&P at 1335 will now be a marker and the market is now headed erratically lower to the 1230 level over the next two months. As such we will increase our…Continue Reading →
While the macro indicators are still holding in this cross current area, a two faceted combination of a Republican push to reenact last years summer deficit fight and European / Greek issues threaten to break down the market. If that…Continue Reading →
Jamie Dimon and Chancellor Merkle got a slap in the face the last few days. One was the face of de-regulation and one was the face of European austerity. This changes things in a significant way. The Administration is finally…Continue Reading →
Our economic situation, our meaning the world, as we all have a problem, is the hot debate topic in the political arena these days. David Brooks of the NYT has over time written a lot of good analyses of various…Continue Reading →
Yesterday I mentioned that the highs are in for the year. I don’t think we are headed for a major Bear Market now, that will come after the election if the populace votes for it. In the meantime, we are…Continue Reading →
After the Fed meeting last week the markets took a shot at trying to blow out the top because of Bernanke’s statement that he would respond and re-inflate the economy if things got tough. The markets rallied smartly but now…Continue Reading →
Last October we were buyers of the stock market at 1070 on the S&P, in January we sold out stocks at 1290 on the S&P, a 220 point gain. The S&P went another 130 points higher to 1420. We are…Continue Reading →