The S&P 500 put in a new record closing high on Monday, 6/19/17. So, are we “Up, Up and Away” from here? Maybe . . . but maybe not. Interestingly, the NASDAQ did not follow. Historically, the NASDAQ often leads the overall market and right now, it is looking a...
The S&P 500 put in a new record closing high on Monday, 6/19/17. So, are we “Up, Up and Away” from here? Maybe . . . but maybe not. Interestingly, the NASDAQ did not follow. Historically, the NASDAQ often leads the overall market and right now, it is looking a...
Do you remember the children’s game “Simon Says?” In the game, participants must follow the leader’s instructions only if prefaced by “Simon Says.” For example, if they say, “Simon says jump,” then everyone who jumps stays in the game. If the leader says, “raise...
The phrase “And the Band Played On” is a reference to a 1980’s film of that title that documented the growing AID’s epidemic and the reluctance of global governments to acknowledge it or to take any action. It seems apropos to the current market conditions. Despite...
Regardless of individual views on global warming, the fact that global markets gave a warm reception to President Trumps announcement on America pulling out of the Paris agreements is indisputable. I am careful to not make this newsletter a commentary on political...
