Last week the equity markets had a remarkable reversal of fortune as the SPY and QQQ moved from breaking down under major institutional support levels such as their 50 moving avera...
“The following is an excerpt from this past weekend’s newsletter. I have several follow up articles coming over the next few weeks that will reference Byron Wien’s comments...
Detail of a fresco from the House of the Tragic Poet, Pompeii, 2nd century BC About a month ago, I finished reading former Greek finance minister Yanis Varoufakis’ book “Adults...
North Korea’s apparent test of a hydrogen bomb spurred a quick and fairly predictable response by investors, given that the US market was closed for the Labor Day holiday. T...
In the Currency Strength table, the CAD was again the strongest currency while the NZD was the weakest. There were some significant changes last week with the GBP gaining 3 point...
As Deutsche Bank warns in a note over the weekend, the S&P 500 is “long overdue for a pullback” for one simple reason: the BTFDers (and central banks) have overexte...
Listen, if you’re in the mood to “top up some high conviction positions” in EM, M&G Investments’ director Jeik Sohn thinks this might be your chance. For what it’s wo...
Income is difficult to come by in today’s financial markets. Here are some interesting statistics to help drive this point home: The S&P 500 has a current dividend yield of j...
Introduction Politicians in Massachusetts, New York, and Rhode Island have put aside moral and/or addiction concerns over gambling. Instead, they recently asked why all the gamblin...