Molehills or Mountains?

May 23, 2016 It’s been a long run for our current bull market, nearly 3,000 days. The longest ever to date is 3,452 days – a streak lasting from October 1990 to March 2000. We’re not there yet, but maybe we’ll get there. Of course, the flip side of longevity is...

UndefeataBULL

May 9, 2016 Last week I wrote about the bizarre disparity between the market and economic realities. Unfortunately, there continue to be several examples and they keep popping up anew. For instance, in mid-April the Dow Jones Industrial Average jumped more than...

Mind the Mixed Market Signals

May 2, 2016 Modern business is so complex. Back in the day, things like economic fundamentals drove the market. If a company produced a profit, generally the stock went up.  Today, not so much. And the reason has to be the complexity of our modern business...

China’s Core Problems

April 25, 2016 I spoke about the big troubles with China’s stock market earlier this month, but the issues aren’t segregated to just the market and falling exports. No, China also has an import problem, decreased demand and labor unrest. And they tie in...

The Global Impacts of Chinese Troubles

April 18, 2016 The Chinese stock market is headed south. Our early 2016 drop was related to China, but we’ve rallied to recover since. The same can’t be said for China’s problems. Early 2016 forecasts for China indicated a 12.5 percent decline was in store. But the...