Retailers Cry “Uncle!”
I previously took issue with the “No retail discounting this Xmas” meme (“Are Retailers playing a game of...
12 Days? Bah, Humbug
Every year around this time, we get treated to the PNC Advisors 12 Days of Christmas Price Index. Perhaps I’m just a Grinch, but...
An Early Christmas ?
The markets are sure to enjoy the weekend capture of Saddam Hussein. The big market winners in the Middle-East were the Tel Aviv 25 Index...
Bearish yet long ?
Q: How can you be bearish on the overall economy, yet exhort people to stay long? Isn’t that contradictory? A: It comes down to...
22 Rules of Trading
On the Friday after Thanksgiving, Dennis Gartman puts out his “Rules of Trading,” adding to them as wisdom increases. John...
More on the Fed Minutes
A friend, who insists on remaining anonymous (under penalty of death) has some astoundingly astute observations regarding yesterdays...
3% or 5.7%?
Yesterday, I discussed the UCLA Anderson Forecastby Edward Leamer. To keep the blog “Fair and Balanced,” today we present the...
Technical Deterioration Plagues Nasdaq
It is not surprising that the Nasdaq has finally begun to weaken, given the heroic move the index has made this year. As discussed...
Fed notes excess capacity
“In contrast to the usual experience in economic recoveries during recent decades, the expansion appeared to be gathering momentum...