The market averages are sitting at new highs and the momentum is continuing today. The market move is very slow and steady. Although I am expecting a weak May, I still prefer not to fight the trend, so I am … Continue reading
What’s wrong with America’s economy ?
Today I am seeing a rather interesting divergence between the bond market and the stock market. We have yields going down and the market rallying. Typically in early stages of an expansion yields and the stock market are positively correlated … Continue reading
I was busy with some other stuff so was unable to post yesterday. The big news yesterday was Ben Bernanke’s press conference. Here are some of the key points I came up with after listening to the press conference The … Continue reading
There is not really much happening other than we continue to get good earnings and the market is responding with continued strength. American corporations have done a remarkable job in squeezing profits out of their operations. In the long run … Continue reading
A great source of looking at inflation data is the Cleveland Fed’s Inflation expectations website. This is a calculation based on what the bond market thinks about future inflation. They release this data once a month and I am sure … Continue reading
The most important event for next week which will overshadow everything else will be the April 27th FOMC announcement and Fed chairman Ben Bernanke’s first post FOMC press conference. The Fed chairman plans to do this 4 times per year … Continue reading