Dow Jones Average

Broken Clocks & Stock Market Predictions

  In the long run we are all dead.” –Economist John Maynard Keynes. With the Dow Jones Industrial Average** on the cusp of 30,000 — in the middle of a raging pandemic(!) and teetering economy, no less — it’s not long till prognosticators turn their sights to the next milestone. Most likely target: 36,000. Lest...
Read More

Cracked Crystal Ball

I’m a Contrarian Indicator (at least on stocks) On March 9, I wrote: Until investors are satisfied that the Madoff’s of the world have been dealt with appropriately, and convincing steps have been taken to assure that there won’t be any more . . . don’t hold your breath waiting for a sustainable stock market...
Read More