This week marked another week in which the major market indexes hit all-time highs. It’s clear that investors are feeling very good and continue to pour more money into equities. Since the start of October, investors have added $34.2 billion into equity funds, and have… More >>
With so much discussion, debate and concern being expressed by the rollout of the Affordable Care Act, also known as Obamacare, I think it's critical to look at the program and its economic impact in the simplest terms.
Here’s Obamacare made easy:
It provides a basic… More >>
The US economy had some reasonably good news last week. US GDP was up 2.85% in the 3rd quarter. It's the fourth consecutive quarter of growth. [i]
Further, the monthly employment situation took a surprising turn for the better. The US economy added over 204,000 jobs in… More >>
Defying Gravity
The S&P 500 rallied 4.59% over the last month.This rally continues to mystify conventional thinking— that is, for those that believe market reactions should be conventional. [i]
Conventional thinking goes something like this: Earnings continue to… More >>