Thursday, October 30, 2014
Trick or Treat? (excerpt)
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As I’ve often observed, the current bull market has been a series of panic attacks followed by big relief rallies. Last year and this ye...
Wednesday, October 29, 2014
Happy Days Are Here Again (excerpt)
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All of a sudden, everyone seems to be bearish on oil and bullish on its implications for the economy. That’s fine with me since I starte...
Tuesday, October 28, 2014
Eurozone Remains Challenged (excerpt)
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In a 10/10 statement , ECB President Mario Draghi noted that the results of a stress test of the Eurozone banks would be released on O...
Monday, October 27, 2014
Long Recovery, Long Expansion in US (excerpt)
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Despite the steady improvement in the Index of Coincident Economic Indicators (CEI) since the end of the last recession, there continue t...
Thursday, October 23, 2014
US Economy Is on the Right Track (excerpt)
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The strength of the US economy is reflected in the S&P 500 Transportation index. It edged down yesterday along with the broad market...
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