Michael and Barry discuss the latest record-breaking unemployment numbers and why the market is rallying on this bad news? What is going on?
Why the Stock Market Rallies on Bad News
Are Markets Wise — or Probabilistic?
Are crowds collectively “smarter” than any one individual? Are markets all that efficient? How much does Mr. Market actually know...
What the Market Is Saying About the Economy
What the Dow’s 28% (Update 32%) Crash Tells Us About the Economy Source: Bloomberg (Note: I added line breaking Dow $20k to reflect...
What Is the VIX Telling Us? (Apocalypse Now as a Teachable Moment)
Source: RWM, Bloomberg The Great Financial Crisis of 2007-09 at times reminded me of “The Smell of Napalm in the...
American-Style Capitalism is a Joint Venture
When I left for vacation 3 weeks ago, both sides of the aisle were racing to see who could give away the most “free” stuff to their...
BBRG: Rules for Coping With Stock-Market Panic
Some Rules for Coping With Stock-Market Panic No. 1 is pretty straightforward, if not so easy to follow: Don’t panic. Bloomberg, March...
Don’t Panic! (with apologies to Douglas Adams)
Hitchhiker’s Guide to the Galaxy, a witty and charmingly bit of Douglas Adams’ absurdity, is a favorite sci-fi book. It...
Tech Drives U.S. Equities Ahead of Global Markets
Source: Chief Investment Officer This is impressive: Despite last week’s stock wipe-out, the heavyweight US exchanges...
Watching From Afar
Source: Mike Batnick I am back from the least relaxing vacation ever. Not due to the market, but family issues (Mom’s...
No, It Is Not a Bubble (Yet)
Stock-Market Bubble Fears Are Greatly Overblown Despite some pockets of excess, valuations today are nothing like those of the dot-com...