The 3rd quarter began as the dust from the Brexit vote was still settling and ended with widespread worries over European banks, when the Federal Reserve would raise interest rates, […]
Charles Dow and Edward Jones started publishing the Dow Jones Industrial Average in their newly formed newspaper on May 26, 1896. It began by adding the closing prices of twelve […]
The elves at the North Pole are supposed to busy this time of year as their deadline is quickly approaching. Wall Street’s elves, on the other hand, usually get a […]
We are at the point in the year where the season for giving thanks transitions into a season of wishes. Normally this enjoyable tradition is a thoughtful, well intentioned part […]
There are many financial theories that attempt to forecast a securities’ valuation. Modern Portfolio Theory and the Capital Asset Pricing Model are two of the most noteworthy. The models try […]
By the end of last week, one streak got broken while another was continuing. The Chicago Cubs won a World Series for the first time in 108 years. In classic […]
According to Wikipedia, Oktoberfest is the world’s largest beer festival and funfair. It is held annually in Munich, Germany from mid or late September to the first weekend in October. […]
Investors face some undesirable choices. Undesirable candidates, undesirable interest rates, undesirable policy makers and leaders, undesirable social unrest, undesirable economic growth, and an undesirable stock market. Unfortunately, there is plenty […]
Just as everyone was getting comfortable quoting stock market statistics at their favorite watering hole about the narrow trading range (43 trading days without a 1% move), the Dow hits […]
The day after Janet Yellen’s Jackson Hole Speech two Fridays ago, The Wall Street Journal’s headline read, “Yellen Sends Strong Signal on Rates”.[i] According to the article, the Fed chairwoman […]