Never Mind That Late 2018 Stock Market Swoon “Making money in the stock market is easy: only buy stocks that go up. If they don’t go up, don’t buy ’em.” —-Mark Twain I finally figured out why investing — in the stock market or anywhere else — is so vexing. Because there are only two...Read More
Housing Market – Stock Market Linkage Economic observers — and readers of this blog — know the dynamic well. Namely, melting stocks precipitate a flight to safety (bonds), which drives down interest rates . . . helping home sales (at least in the short run). In fact, just such a sequence played out this week,...Read More
Gold Down 3% . . Mosaic Down 5% . . . Apple Down 3% etc. If you’re a fan of “30 Rock,” you’ll recognize Liz Lemon’s signature line (“There it is . . “) when she spots the inevitable flaw in her prospective new, too-good-to-be-true suitor. So, for everyone waiting for a break in what’s...Read More
NOW They Tell Us Getting caught up on the various financial publications I try to at least skim regularly (The Wall Street Journal, Barron’s, Investor’s Business Daily, etc.), I’ve been struck by how many money managers claim they were nervous about the market this Spring, and re-positioned their funds to raise cash (and sell equities)....Read More
