Market Commentary
Spring is in the air, Tax Day has come and gone and the economy is growing! The economy is growing ever be it so slowly, but at least it’s getting better. The US stock market had its best 1st quarter since 1998 with the Dow gaining +6.4%, the S&P 500 +5.4%, Nasdaq +4.8% and +7.6%…
Easy street can be defined in many ways from financial security to a Charlie Chaplin movie. What concerns me are the bond investors who have benefited from a 28 year rally not knowing when it will end, driving down an easy street without much risk. August was another depressing month and some investors were scared…
Guess what came back in the second quarter? That long lost feeling called volatility which seems to come and go when we least expect it and many investors hated the feeling of uneasiness that it brought in May and June. Now we are on track for July’s performance to be the best month in more…
Let me start out by saying that I am not worried about the long term prospects of this market and thought I should share my thoughts as to why I am still bullish. Volatility isn’t anything new when it comes to the stock markets, but it has been quiet since March 2009 so the past…
Spring is in the air, the sun is shining and stocks keep rising…let’s hope it continues!!! The S&P 500 Index capped its best first quarter since 1998, with its fifth straight weekly gain. The DJIA was up 4.1% and the S&P 500 4.9% for the first three months of 2010. Since March’s low last year,…
This past Wednesday, Steven was invited to provide financial advice for viewers of Capital Tonight through Capital News 9. Capital Tonight – 03.18.2009 During this Capital Tonight call in, he tackles topics such as how to invest, and what to do if you have lost your retirement savings this past year.
S&P Downgrade Comments
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…