One Sure Thing When it Comes to Investing (Really) “Federal Reserve Cuts Interest Rates for Third Time in 2019” –Headline, The NYT (10/30/19). Let me see if I’ve got this straight: If the economy is strong, corporate earnings are growing, unemployment low, etc. . . . the market goes up because the fundamentals are good....Read More
Did you know that General Mills’ stock went up more than $1 today? And yes, I’m aware that that’s not the news headline. If you’re like most people . . . probably better not to look.Read More
“Better Late Than Never” Dept.No, I’m not wishing that the stock market goes down. But at least it’s going down today for a “good” reason: it’s being pulled down by a sharp drop in the price of Goldman Sachs stock, which may now be charged criminally (it is already the subject of civil fraud charges)....Read More