Archives for December, 2013

  1. December 30, 2013

      In the next several days you will begin to see a dearth of predictions about 2014. How much will the S&P 500 go up or down? How much will the US economy grow in 2014? Unemployment? Wall Street firms know one thing about us that we generally don't realize. Investors… More >>

  2. December 23, 2013

      It's the holidays and there is no better time to relax with family and friends. We have had an amazing year in the US equity markets. Source: Bloomberg The economy looks like it certainly reached "escape velocity" from the latest Q3 GDP revisions. GDP was up 4.1%. [i]… More >>

  3. December 16, 2013

      The week before Christmas will certainly be anything but quiet for global equity markets. With the recent strong jobs report, stronger than anticipated Q3 GDP, and consumer confidence improving, some market prognosticators are now suggesting the Fed might begin to cut… More >>

  4. December 9, 2013

      Something happened last week in capital markets that might suggest a significant shift with investors thinking. The market sold off despite some very strong economic news all week—until Friday. Consumer credit expanded by 18.2 billion in October, which was the largest… More >>

  5. December 2, 2013

      At this stage of a bull market cycle we start to see investor behavior trump reason and logic. One of the most common behaviors/mistakes investors make is to chase valuations. They start to buy when in fact they should err on the side of caution. As I wrote last week,… More >>