— New concerns are raised over a big jump in investor sentiment— Both the Investors Intelligence and AAII surveys show moves to levels well above historical averages— The Media flashes caution signs, as usual, without perspective …— I still contend we are in the midst of secular bull market. Ignore the noise Okay, my title…
Tag: bull market recession
A significant change in message occurred Friday the 13th.
The word from Washington has changed from the coronavirus is ‘no big deal.’ We can get through this biological tap on the brakes of the economy with monetary ease (50 basis point cut in the Fed funds rate), a suggested cut in payroll taxes and, last Wednesday, a 30-day ban on flights from continental Europe….
Markets and Media gird themselves to face a new challenge
2019’s big concerns evaporate Last week I attended an investment committee meeting for a small foundation for which, I serve as a board member. One of our members, a financial planner/ investment advisor, serves as a liaison to the street and his firm provides the committee with investment and economic commentary. His report led with…
“A ‘Horrendous Storm’ … set to hit stocks”–a postscript
Sometimes I spend so much time in kortsessions.com outing the work and dubious wisdom of the Cassandra’s of the stock market media and punditry world that I forget to give any credence to the possibility of a real correction or bear market being on our doorstep. I don’t mean to do this. There is always…