by Michael Markowski | Oct 3, 2018 | alerts, Extra Cat
A frenzied blow off for the stock market and especially the Dow Jones Industrial composite index is underway. Investors are selling everything that is not tied down to pour their money into the index which houses 30 of the world’s largest companies. Investors are...
by Lance Roberts | Oct 2, 2018 | alerts, Real Investment Advice, Uncategorized
On December 5th, 1996, during a televised speech then Fed Chairman Alan Greenspan stated: “Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that...
by Lance Roberts | Oct 1, 2018 | alerts, Real Investment Advice
Last week, James Rickards posted an interesting article discussing the risk to the financial markets from the rise in passive indexing. To wit: “Free riding is one of the oldest problems in economics and in society in general. Simply put, free riding describes a...
by Michael Markowski | Oct 1, 2018 | alerts, Extra Cat
Cash Balances as a percentage of assets in Charles Schwab’s brokerage accounts fell to 10.4 percent as of the end of August 2018. This matched the level in January which been the lowest since 2004. The S&P 500 has increased for six consecutive months and made new...
by Paul Lengemann, BullsnBears Economist | Sep 30, 2018 | alerts
According to the University of Michigan consumer sentiment index the US economy remains in good stead. The index in September topped 100, only the third time since 2004. Noteworthy is that the bottom third of households had an index of 96.3, the highest level since...
by Lance Roberts | Sep 28, 2018 | alerts, Real Investment Advice
Without much fanfare or public discussion, Congress has decided to push the U.S. into deeper fiscal responsibility. Earlier this week, the House passed another Continuing Resolution (CR) to keep the government from “shutting down” prior to the mid-term elections. “The...
