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Bernanke says no to the peer pressure
As they should have but maybe to the dismay of some, the Fed decided not to give into market peer pressure and they sat put. They did not...
Spain Update
The Euro Crisis – Spanish panic THINGS are rapidly getting worse in Spain. Bond yields have risen to over 7.5% today, on the back of a...
Deals from Hong Kong’s Ferrari and Lambo Fire Sale
Waiting lists for ultra-luxury cars in Hong Kong are getting shorter and used-car lots are cutting prices on Lamborghinis, Ferraris and...
ISM mfr’g remains below 50
ISM mfr’g in July remained below 50 for a 2nd straight month at 49.8 vs expectations of 50.2 and 49.7 in June. New Orders rose a...
Pro’s/Con’s of Fed Policy (with more to come)
As I do every Friday with my summary of the week’s events with both positives and negatives, here are my pro’s and...
Overview: Top 10 Investor Errors
Here are each of the expanded points from the top 10 errors investors make: 1. Excess Fees 2. Reaching for Yield 3. You Are Your Own...
10 Mid-Week AM Reads
My morning reads: • Market Heats Up in Election-Year Augusts (Stock Trader’s Almanac) see also Are we in a Kids’ Market?...
ADP job gains
ADP said the private sector added 163k jobs in July, 43k more than expected and compares with 172k in June. Of the 163k net jobs created,...