Remember it’s never as hopeless as it seems, you can and should shift your focus from the stock market to other asset classes rich with opportunity. We encounter debilitating mental anguish when we accept that we are powerless against the environment, but like the flexible trees we can adjust our stance and survive.
Basketball players know that you must watch the bellybutton, not the hands, eyes, or feet to know where a player is moving to. What can we watch for clues to what stocks will do? Macro economic inertia offers astute investors with a clear 30 thousand foot unobstructed view of the long term prospects for this highly volatile asset class.
The fact that only 7 out of 91 European banks failed the so called stress test with a mere 3 Billion Euro shortfall is shocking. About as shocking as the aforementioned cardiologist telling a sedentary person that they are ready to compete in the Tour De France.
Investors need a “you are here” label to gauge where they are and what lies ahead as they attempt to navigate their course safely toward acceptable rates of return in the financial markets.
In this blog post I present up to the minute data from a multitude of disciplines that I hope will firmly affix the [...]
In this week’s blog post, I felt it important given the daily one percent
or greater volatility in the S&P 500 that we take a look at the underpinnings
of our economy to help focus our attention to a light beacon we could
depend on to bring us in safely. David Rosenberg is a highly respected
economist [...]
Lately, I am asked by a lot of people if I think the domestic equity markets are beginning to “sell off deeply” as our technicians have been warning us about for many months? The Answer is of course that no one knows precisely when and why, or for that matter if it will occur in [...]
Problems with Greek Debt are about to spread to other countries and could infect the US, Pimco’s Mohamed El-Erian told CNBC.
What’s the impact of Eurozone Austerity packages? The deadly double dose of Europe and China slowing economies at the same time, with Peter Boockvar, Miller Tabak equity strategist.
This morning’s GDP report shows the economy expanded at a 3.2 percent annual rate in the first quarter. The report further detailed the growth of consumer spending accelerating to 3.6 percent in the January-March period, more than double the 1.6 percent pace in the fourth quarter.
Consumer spending normally accounts for 70 percent of U.S. economic [...]
If you have ever been in an auto accident or experienced a frightening near miss to a collision, you know that when the moment arrives it’s too late to think about if you are protected with passive restraint systems, such as an airbag or seat belts. Fortunately, these systems have been designed in to prevent [...]
While we look at the many economic data points that come out each month for clues as to the overall picture much like a person assembling a puzzle, it is clear that the fundamental and technical pictures are out of synch with each other.
The U.S. consumer is currently fully involved in a balance sheet recession. A balance sheet recession occurs after the bursting of asset bubbles leaves the consumer with more liabilities than assets. With the private sector deleveraging, even at zero interest rates newly generated savings and debt repayments enter the banking system but cannot leave the [...]
A Testament to the Need for Tactical Asset Allocation
In his 2010 investment outlook, entitled “Let’s Get Fisical” famed investor Bill Gross concludes that if governmental stimulus exit strategies proceed as planned “all U.S. and U.K. asset markets may suffer from the absence of the nearly $2 Trillion of government checks written in 2009. It seems [...]
