Getting Ready to Shift from Yellow to Green
Sell off enters 9th inning: Oil price shocks, terrorism, geopolitical unrest, valuation issues, CEO prosecutions, domestic political...
Chart of the Week: Oil Demand versus Refining Capacity
Energy continues to be a key issue in the global expansion. Gradual increases in demand worldwide, combined with China’s insatiable...
As Profits Soar, Will Stocks?
Some recent market comments were picked up by the WSJ this morning: “As Profits Soar, Will Stocks?” discusses why corporate...
Bold or Cautious?
I love when a media outlet accidentally presents two opposite opinions near each other. Its even more amusing when I’m in agreement...
Is the Market Overvalued?
There’s an interesting discussion in the NYT regarding changes in investor optimism since the correction began late January....
Augmented Unemployment Rate revisited
We had previously discussed the Augmented Unemployment Rate back on January 10, 2004. (I’ve been meaning to update it, but its not...
Why Job Forecasts Keep Failing
Once more, unto the breach: If Economists were baseball players, many of ’em would have been sent down to the minor leagues a long...
Does the Fed see Bubble Trouble?
“Critics of the Federal Reserve warn that its low interest rates are boosting prices for stocks, bonds and houses to unsustainable...
Relieving the Oversold Condition
The market’s plunge since the bombing in Madrid, coming on top of the slow slide which began late January, brought us to very oversold...