To be exact, 935 Pennsylvania Avenue NW, Washington, D.C. (FBI Headquarters), the location from which this nightmare emanated. It is the Clinton Presidential Campaign’s nightmare, a late October surprise– 11 days before the general election. It sucked the air out of every other piece of news on Friday, including some very good news on the…
Correction and Amplification-“Rising Rates–A Knockout Blow?”
CORRECTION–The time frame in the initial publication of “Rising Rates–A knockout Blow?” was incorrectly stated at 8 years (An extreme case–1974-1982). The actual time frame coinciding with the stated investment performance of stocks and the 10-year Treasury should have been read as 7 years (@1975-1982). AMPLIFICATION–It has been suggested to me by a friend and…
Rising Rates–A Knockout Blow?
‘Rising rates will be a knockout blow to the stock market.’ “Stocks drop as rate worries intensifiy.” (Barron’s 9/8/2016-You need a subscription) I keep hearing this type of commentary from market bears and their minions and those who make negative comments on the scant number of bullish posts you see around the web. I have…
Sell All Stocks!!!
I Urge You to pay close attention to this post I have an important point to make with this article. It has very much to do with human nature and why you clicked on this post. It is our propensity to run to the negative, my headline being just that (unless, of course, you are a bear and…
Please! Don’t confuse me with the facts!
In an era when playing fast and loose with the facts seems de rigueur, not only for the newsmakers but the media covering them, you are bound to get some carryover to the mundane world of economic and financial news. But in financial media what you get is opinion and speculation about assumed facts. The…
“Pity The Fool” CORRECTION
Contrary to my latest post “Pity the Fool”, Mr. T (Lawrence Tureaud) is alive, well and living in Chicago, Illinois. Mea Culpa!
“Pity The Fool”
This was the signature admonition of “Mr. T” (nee. Lawrence Tureaud) (reports of his demise having been greatly exagerated–by me in a previous version of this post} would give to anyone who would dare try to cross him. It brings to mind my own feelings about those stock market prognosticators who, albeit, are well paid…
‘Apocalypse Now’?
Sure, There are apocalyptic events in the stock market, but the media makes them sound almost routine even though they are few and far between. Market attention via the media has been wrapped around another Fed fund rate increase as a catalyst for such an event. It is very doubtful that a quarter point increase…
” … There’s no joy in Mudville … “
Our Mudville, of course, is Wall Street. What is unbelievable is that unlike the ‘Mighty Casey’, Wall Street’s market is not striking out. And, it hasn’t really struck out since the dark days of 2008/2009, despite the fact that there has been a choir of experts, pundits, talking heads and politicians telling us daily why…
“I went to cash today” –Part II
When I originally posted “I went to cash today” the editors at SeekingAlpha picked it up and posted it on their site without the quotation marks. The article immediately garnered 6600 hits (bad news sells–my average hit per article is only about 2000). Plus, because the title was not in quotations, there were readers upset that…