Article Index
Stock Market Rally

So the S&P 500 has touched the 2,000 mark. Will the S&P 500 continue to march to new highs? Well, my opinion towards the stock market hasn’t changed. I remain skeptical for a variety of reasons, many of which I have shared with my readers over the past…

If you follow the financial news, it feels like the stock market is moving higher and higher…a situation in which investors often feel they are missing out. But the reality of the situation is very different. So far this year, almost eight full months in, the Dow Jones…

Not too long ago, I reported that Italy, the third-biggest economy in the eurozone, had fallen back into recession. Now Germany’s economy is pulling back. In the second quarter of 2014, the largest economy in the eurozone witnessed a decline in its gross domestic product (GDP)—the first decline…

Let’s start with the U.S. housing market. Has the recovery for it ended or just stalled? My answer comes in one sentence: While it’s always a matter of location, only the high-end housing market is doing well, while the general market is weak. I can see it in…

There are two important charts I want my readers to see this morning. The first is a chart that is an indirect measure of demand in the global economy. Right now, the Baltic Dry Index (BDI) sits at its lowest level of the year. Since the beginning of…

When I look at the stock market, I ask who in their right mind would buy stocks? While key stock market indices creep higher, the fundamentals suggest the complete opposite. But despite valuations being stretched, insiders selling, corporate revenue growth being non-existent, and the U.S. economy contracting in…

Don’t for a second believe consumer spending in the U.S. economy is improving! J. C. Penney Company, Inc. (NYSE/JCP) has announced it will be closing 33 stores in the U.S. economy. By doing this, the retailer will save about $65.0 million a year starting in 2014. 2,000 employees…

Something very interesting happened yesterday. The Federal Reserve said it would start “tapering” its quantitative easing program by $10.0 billion a month. In other words, the Fed will now print $75.0 trillion a month in new money instead of $85.0 trillion a month. Firstly, the whole concept of…

In the first 10 months of the year, key stock indices like the S&P 500 have gone up more than 20%. Others like the Dow Jones Industrial Average have lagged a little, but the returns are exuberant nonetheless. But as this was all happening, we saw the formations…

The financial crisis of 2008 was the biggest panic America had witnessed since the Great Depression. Dubbed the “Great Recession,” its after-effects linger. In fact, this is the worst post-bust recovery on record. Today, for investors, especially stock market investors, there are two camps: those who believe we…

While the media and politicians tell us we’re in an economic recovery…I keep writing about the slowdown we’re heading towards. How can I say that? First, take out the stock buyback programs, and you’ll see that U.S. companies are seeing their earnings and revenues grow this year at…

The chart below of the Dow Jones Industrial Average depicts the precise moment when the Federal Reserve made its announcement last Wednesday that it was not planning to taper its quantitative easing at this time. Chart courtesy of www.StockCharts.com This is really troublesome. Key stock indices have become…

With the summer months drawing to a close, it has been a somewhat warm few months for the stock market with the S&P 500 and Dow recently at record highs. Yet we are now seeing a pause, which may or may not be an indication that the current…

Carlo and I went to high school together about 30 years ago. We remained friends after we left school even though we went our separate ways. Our common thread is that we are both entrepreneurs running our own businesses. After years of not seeing each other, last night…

The second-quarter earnings reporting season is underway, and mainstream stock advisors have high hopes. But what we are seeing is “more of the same” of what we saw in last quarter’s S&P 500 company corporate earnings: revenues are lower; corporate earnings are mediocre, and share buyback programs are…

Back in late 2011, I created a widely circulated video that included six predictions. I hit it on the head with five of those predictions. But the winners are not what are important to my readers today; it’s the prediction I didn’t get right that’s vital now Back…

There’s a lot of talk about economic recovery these days. Mainstream economists are saying the U.S. economy will continue to grow, and the stock advisors are telling investors to buy on dips because everything is headed upward. Their arguments are: housing is hot, the unemployment rate is declining,…

As of March of this year, 47.7 million Americans are now on some form of food stamps. Between 2000 and 2012, the number of Americans resorting to food stamps increased more than 171%. In 2000, there were just 17.1 million Americans on food stamps. (Source: U.S. Department of…

While an economic slowdown is looming over the global economy, no one seems to care, as stock markets continue to reach new record-highs—giving investors false hopes of economic growth. But how long can this mirage actually last? The economic slowdown in the global economy I’m talking about is…