Tag: wall Street
The Hidden Killer–Opinions About News
Taking my title assertion one step further, in many cases Opinion About News due to our beliefs can become our reality, whether factual or not. Yes, we are all entitled to our own opinions and beliefs. It is a free country. However, in investing, relying on strongly-held beliefs and opinions about the news can be quite risky….
2016–Parting Thoughts + Trump vs. Coolidge
As we approach the end of 2016, we’ve seen another year of record highs for the market and continued questions on the part of many as to why this is happening. With each passing day there continued to be warnings from the media and pundits that the market was on the verge of a…
The Great Media Conspiracy
It is a conspiracy to keep you poor. This conspiracy is probably not intentional, but to keep the presses rolling, to keep you and me with eyes glued to the tube and internet, their product has to be gripping. Fear and sensationalism are the primary tools at their disposal. Ergo, there needs to be a…
CNBC–“Market indicator hits extreme last seen before plunges in 1929, 2000 and 2008”
OMG! The “Cyclicly Adjusted” PE (CAPE) is over 27! This is really bad news. At least, that’s what the CNBC headline above would imply. Before you decide it might be a good idea to look into just what exactly CAPE is. CAPE, simply put, a … Price earnings ratio is based on average inflation-adjusted earnings…
Stunned and Confused
What stuns and confuses me is the new (or continuing) mantra on Wall Street that higher oil prices are good for stocks and the economy. No matter how hard I try to rationalize this thought process, I cannot make it work … except in one case. That is in the case that fear of a…
Wall Street, We have a problem!
Pardon me astronaut John L. Swigert, Jr., for my modification of your alert to Houston on Apollo XIII’s tricky return to Mother Earth in April of 1970. That was an incredibly dangerous time for this epic space mission, which, fortunately, ended safely. Of course, according to the financial media, there’s always a life-threatening market problem brewing…
Nightmare on Pennsylvania Avenue
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…
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…
“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…