Bouchey Blog
After seeing nothing but red arrows facing down today for any and all types of investments, I wanted to share my views. Today gold lost its luster, commodities are lower, the yield on the 10 Year US Treasury is only 1.72%, and there isn’t one stock that’s up in the Dow, to top it off…
Why is it that when Europe sneezes the rest of the world catches a cold? The simplest answer is every country is interconnected one way or another in this global economy. There was a day when international stocks had a low correlation to US stocks…but now it seems as though when one country has bad…
Steve joined Chuck and Kelly and The WGY Morning News earlier today to discuss America’s and the world’s financial woes. Listen Here
With the recent downgrade of the US credit rating by Standard & Poor’s, I wanted to share my views before the markets open in Asia and Europe later this evening and the US markets on Monday morning. I’m not sure where to begin other than to say, once again, we are in unchartered waters but…
I hope you are enjoying these lazy hazy days of summer….it is flying by too fast. As I write this, there is still no decision on the Debt Limit and Corporate earnings season is just getting underway. What’s not happening too fast is how our elected official(s) in Washington are dealing with the Debt Limit…
I feel that the markets are taking a breather here and am hopeful that the stock market will be higher at the end of the year. It’s not unusual that the economy has slowed after the flooding in the Midwest, the Japanese earthquake, tension in the Middle East and rising oil prices. On top of…
Another Rainy Day on Wallstreet
Rain, rain, go away, please come back another day. Unfortunately, we have no control over Mother Nature and the chaos she can create so let’s pray that she takes a break and all of the people who have been sadly affected by her actions can get their lives back in order sooner than later. What…