Friday's market action was some of the most severe to the downside we have seen in months. In fact, the 318 point drop on the Dow was the largest since June 20. [i]
(Source: Bloomberg LP)
The reasons for the sudden drop are really anyone's guess. Some of the "talking… More >>
As this calendar year unfolds it looks quite apparent market participants are in a bit of a tug-o-war. Markets have barely budged from the start of the year. [i]
Equity investors are dealing with an interesting equilibrium point as it relates to valuations. According… More >>
The US economy added the fewest number of jobs in December (74,000) since January 2011. [i] Much of the blame for the terrible jobs report was the weather. I know the weather was horrific in parts of the country. We have a national clientele and plenty of anecdotal… More >>
In recent weeks we have seen some extraordinary data published by the federal government. It seems like our budget deficit (the amount of money the government has to borrow to meet its spending) has been shrinking at an astonishing pace.
Contrary to what economists… More >>