Personal Commentary
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…
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%…
Here’s to the bright New Year, and a fond farewell to the old; I extend to you my best wishes for perfect health and a fulfilling new year! While 2010 ended in positive territory for the major indices, the ride was anything but smooth. The May 6th “flash crash” and continued worries over European debt…
Do you remember the jingle…..Once Twice Three Times a Lady etc……… “Three Times A Lady” was a popular song from the funk/soul band the Commodores back in 1978. It is also a nice way to describe the past three days of positive reports on the economy. Sing it again Sam!!! Last week on my radio…
Happy Holidays!!!! As the song goes in Annie, tomorrow is only a day away, and I am definitely looking forward for 2008 to end so 2009 can start. It is natural for us to want a fresh beginning and after such a dismal year as 2008 has been, we can only hope for sunnier days…
Another Wild Day on Wall Street…Do I Sell, Hold or Buy?
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…