Happy Leap Day! It’s been a couple of weeks since I wrote something, and what better occasion than a day that only happens every 4 years! Good news has abounded lately, and today the 4th quarter GDP number was revised upward, signaling a continuing climb out of the great recession. The price of oil appears
Happy Valentine’s Day! In honor of this, and since Greece continues to make the news, I thought I’d title this to commemorate both events (quick history lesson – Eros is the Greek god of love; Aphrodite is the goddess). Right now Greece is not on my Valentine’s Day gift list as news there continues to
Lately I have heard a lot of talk about cash: some advisors recommending holding aside 35-50% in cash until the Europe debt issue blows over (it’s been in full swing for nearly 2 years now); a few say that the market has had a good run up over the last couple of years and now
I hate to do it, but first I’m going to address the hype around 2012 being the end of the world, according to the Mayans (who disappeared hundreds of years ago, so clearly they were off a bit on their own account). Yes, their Long Calendar of 144,000 days (~394.5 years) showed an ending just
There’s a lot of news coming in, impacting our portfolios in light trading, so I wanted to send out a market update today. As I was headed into the office, my daughter said to me “Why are you going to work on Christmas Eve Eve?” So I decided to name this update after her comment!
While the European sovereign debt crisis has topped the news of late (which will be causing a down market today as traders digest the impact of last week’s European Union fiscal pact), seemingly unnoticed are the positives. U.S. Consumer spending has been healthier than the consumer mood in recent months, but consumers are finally seeming