Today’s Fed decision was widely expected, but what was more important to most market watchers, including myself, was the Fed’s verbiage on inflation. In its statement, the Fed cited increasing inflationary pressures caused by rising oil and other commodity prices. The central bank also said that the rate cuts it already has made should help lead to improved economic growth ahead […]
The report by the bank’s research team also warned that the S&P 500 index was likely to fall by more than 300 points to around 1,050 by September as “all the chickens come home to roost” from the excesses of the global boom. And you thought that I was bearish! […]
The report by the bank’s research team also warned that the S&P 500 index was likely to fall by more than 300 points to around 1,050 by September as “all the chickens come home to roost” from the excesses of the global boom. And you thought that I was bearish! […]
Record-high oil prices may be grabbing most of the headlines, but the bloodletting in the market during the past month or so hasn’t just been caused by oil. In my opinion, it’s the financial stocks that have taken us down this market wormhole, and today we saw more evidence that my thesis is indeed correct […]
One of the great parts of having money to invest is that each of us can pick and choose where to put it. I have noticed that exchange-traded funds (ETFs) have been rolled out that cater to investors who want to deploy their resources to help fund companies that offer socially responsible products and services. If you dislike supporting gambling, tobacco use, alcohol consumption and other good things, oh, I mean other vices; you can do so and still enjoy the benefits of ETFs […]
One of the great parts of having money to invest is that each of us can pick and choose where to put it. I have noticed that exchange-traded funds (ETFs) have been rolled out that cater to investors who want to deploy their resources to help fund companies that offer socially responsible products and services. If you dislike supporting gambling, tobacco use, alcohol consumption and other good things, oh, I mean other vices; you can do so and still enjoy the benefits of ETFs […]
So, what caused the sharp retreat in equities last week? As I’ve pointed out so many times during the past year, the culprit that keeps plaguing the overall market is the pernicious slide in financials. To see just how uncomfortable the slide in financials has been, take a peek at the chart below of the Financials Select Sector SPDR (XLF) […]
So, what caused the sharp retreat in equities last week? As I’ve pointed out so many times during the past year, the culprit that keeps plaguing the overall market is the pernicious slide in financials. To see just how uncomfortable the slide in financials has been, take a peek at the chart below of the Financials Select Sector SPDR (XLF) […]
Stocks have fallen back below their long-term, 200-day moving averages following a heavy, two-day sell off caused in large part by one thing: surging oil prices […]
Stocks have fallen back below their long-term, 200-day moving averages following a heavy, two-day sell off caused in large part by one thing: surging oil prices […]
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