December 2nd Weekly Market Update Stock market investors should be rooting for low single-digit economic growth next year — and the reason why has nothing to do with the Federal Reserve (Fed). We forecast a low double-digit gain of 10 – 15% for U.S. stocks in 2014,...
November 11th Weekly Market Update Decades of behavioral research suggest investors chase returns. In other words, they sell one investment to buy another that has performed better on the hope that it will continue to do so. Although this behavior is known to be very...
November 4th Weekly Market Update Last week marked that special time of year when the World Series brings together two great teams. A three-run double on a hit to the Green Monster off the sweet spot of the bat of Shane Victorino helped the Boston Red Sox emerge...
October 28th Weekly Market Update Five years ago, the phrase “the new normal” began to be coined to describe the investment environment of the years that were to follow. Prognosticators claimed the new normal of the future was likely to include a lowered living...
October 21st Weekly Market Update The budget crisis in Washington is over — for now. The 11th hour deal lifts the debt ceiling through February 7, 2014, and funds the government though January 15, 2014, returning furloughed government workers to their jobs. The bill...
October 14th Weekly Market Update The continued wrangling by lawmakers over the government shutdown and debt ceiling may overshadow earnings reports this week in drama, but not in importance. While Washington drives market volatility, the market trend is determined by...
October 7th Weekly Market Update Last week stock market investors continued to cling to, if not actually climb, the wall of worry. Stocks were flat for the first week of the government shutdown, but that masks the intraday volatility seen last week as drops were...
September 30th Weekly Market Update Down 8-to-1, Oracle Team USA won the last eight races in a row in an epic comeback to win the 34th America’s Cup last week. Almost as unexpected,the yield on the 10-year U.S. Treasury note has fallen almost eight days in a row,...
September 23rd Weekly Market Update The Federal Reserve (Fed) "kicked the can" on tapering by unexpectedly postponing any reduction in the $85 billion pace of monthly bond buying at its policy meeting last week (see this week’s Weekly Economic Commentary:...
September 16th Weekly Market Update While the Federal Reserve (Fed) could surprise investors this week, the Fed has been careful to communicate its intentions to the markets ahead of this week’s meeting. Most market participants expect the Fed to announce a tapering...