Analysts are rightly pointing out that Banks are making profits, despite making few loans and seeing fundamentals deteriorate. By the way: Did you know the Senate Democrats blocked a resolution to honor Lady Thatcher? And, of course, Ezra Klein is still an idiot.
Despite the fact that economic fundamentals completely contradict every rally the market has seen as of late, some people insist the skeptics shut up, and enjoy the ride.
It’s not as if the Communist state has ever manipulated numbers, built empty cities, or circumvented conventional economic models to make their performance on the world stage seem more grandiose than it already is.
When I look at investing, I look at it from the point of view of getting my portfolio to grow from stock prices going up and earning dividends coming in. Additionally, I am always looking to minimize risk to the lowest possible level commensurate with growth.
Monday's 330-point rally in the Dow, to a closing at 11,433.18, is a great demonstration of how futile -- and even dangerous -- it is to base your investment strategy on one day's headlines, whether on the upside or on the downside.
While there are plenty of trading “systems” being promoted on the Internet and in the mails, most involve the use of high-cost, high-risk trading vehicles and require frequent and precise timing in shifting direction or moving in and out of the markets in order to garner decent returns – assuming they work at all.
Unemployment will reverse dramatically and nobody will have to worry about losing a job ever again. All those college students living at home can now throw away those Starbucks aprons and get on with their careers in Philosophy, Art History, or Medieval Studies.
The smart thing to do would have been to let Greece default. It is now clear Greece is going to default anyway. History will show the world will not end. It will also show that bailouts to date have done nothing but harm.
Taxulationism = taxes + overregulation + trade protectionism. Three of the four so-called prosperity killers, as defined by Art Laffer.
So, in the spirit of Summer driving season and family road trips, the recent market decline begs the question, "Are we there yet"? Unfortunately, checking in with some important valuation indicators suggests the decline of the last several weeks has not accomplished enough to merit a more aggressive long-term portfolio stance.
First let's take a look at the Fed report, then another look at my previous articles on P/E expansion and contraction followed by a new chart that suggests another "lost decade" is in progress right now.
The bear market is back says Australian economist Steve Keen. I agree. Moreover, the recent action, including the rally, offers sufficient evidence. The biggest percentage gains in history have all been in bear market rallies.
Schiff weighs in on the debt downgrade and comes to the conclusion that S&P ratings downgrade wasn't low enough.
In his State of the Union address President Obama claimed, “We are poised for progress. Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.” Um, Mr. President...
If played correctly, short sale set-up POD formations can offer some of the most rewarding downside short-sale plays, but timing is critical.
In recent weeks we’ve seen a substantial shift in the way the nation’s elite speaks about the Obama administration.