The stock market is now on the verge disproving the Wolf Street dictum, “Nothing Goes to Heck in a Straight Line.” Apparently straight-down lines are now possible
In normal times, some asset classes are expensive others are cheap, making it easy to use historical relationships to decide where to invest. That’s not
When talk turns to what might derail today’s debt-driven “recovery,” the big names and easy stories get most of the attention: China with its soaring
The way markets usually work is that on any given day (or in any given year) some asset classes are up while others are down.
To say that gold is in a bear market is to misunderstand both gold and markets. Gold isn’t an investment that goes up and down.
US equities have been going up for so long that most investors — especially those who were only recently enticed into the casino by the
I have a theory about technical indicators, which is that most people only pay attention to the ones that confirm what they already think. Technicals
The fiscal cliff was always going to end with a whimper because that was the obvious path of least resistance. In the end, simply avoiding
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